What are the reasons for developing a competitive map?
What will be an ideal response?
An entrepreneur should develop a competitive map for the following reasons:
1. It is less expensive than companies that are in the business of examining competitors.
2. Knowledge of what is right and wrong with each of the competitors allows the entrepreneur to better position the new business.
3. Insights will be developed regarding positioning, pricing, and facility layout.
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A doctrine which states that all persons, including the sovereign, are subordinate to the rule of law is called the ________
A. Clean slate doctrine B. Estrada doctrine C. supremacy of the law D. state responsibility
The stockholders' annual report must include ________
A) common-size financial statements B) an income statement C) an advance tax statement D) the margin of safety report
Use the security market line to determine the required rate of return for the following firm's stock. The firm has a beta of 0.80, the required return in the market place is 12.50%, and the risk-free rate of return is 3.50%
A) 13.50% B) 10.70% C) 7.20% D) 2.80%
There are utility patents and design patents
a. True b. False Indicate whether the statement is true or false