1.Provide a full analysis of the term ‘Entrepreneur.’ Compare and contrast entrepreneur and business owner. Explain the impact that positive economic conditions has on the Spirit of Entrepreneurism.
2.Describe the characteristics of a fragmented industry. What is the primary opportunity for new firms in fragmented industries.
3. What is the purpose of a forecast? What factors are used by a firm to create its forecasts of future income and expenses?
4.What is a target market? Why is it important for a firm to choose its target market early in the process of launching its venture?
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