17 Aug Question 1 5 / 5 pointsJamie Finch is crafting the business model for her fashion
Question 1 5 / 5 points
Jamie Finch is crafting the business model for her fashion design firm. She just completed the section that describes how her firm plans to compete relative to her rivals. Jamie just completed the ________ portion of her business model template.
Question options:
a) operations
b) core strategy
c) resources
d) strategic plan
Question 2 5 / 5 points
________ feasibility analysis is conducted to determine whether a proposed business has sufficient management expertise, organizational competence, and resources to successfully launch its business.
Question options:
a) Industry/market
b) Institutional
c) Financial
d) Organizational
Question 3 5 / 5 points
Nathan Green is starting a firm in the organic produce industry. Nathan has developed a statement-“Helping Make Your Life Better, Healthier, and Fuller”-that describes the reason his company exists and what his business model is supposed to accomplish. In the terminology used in the Barringer/Ireland Business Model Template, Nathan’s statement is referred to as his ________ statement.
Question options:
a) values
b) uniqueness
c) differentiation
d) mission
Question 4 5 / 5 points
Erin Hill is working on the box in the Barringer/Ireland Business Model Template that defines the products and markets on which her firm will concentrate. Erin is working on the ______ scope portion of the business model template.
Question options:
a) offering/market
b) offering/industry
c) business/market
d) product/market
Question 5 5 / 5 points
A(n) ________ involves showing a preliminary description of a product or service idea to prospective customers to gauge customer interest, desirability, and purchase intent.
Question options:
a) concept test
b) product/service statement
c) impression test
d) idea prospectus
Question 6 5 / 5 points
Which of the following issues should be considered in industry/target market feasi
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