While developing a quality business idea, what should potential business founders ideally do after evaluating their personal skill sets?
A. Propose a business idea to potential investors
B. Carefully analyze the market and look for a gap
C. Brainstorm for potential business ideas with family
D. Interview successful entrepreneurs to generate business ideas
Answer: B
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Rachel works for a furniture company in Ireland. She is responsible for buying and selling goods at a profit to small retailers. Rachel most likely operates in a ________ market
A) business B) reseller C) wholesale D) consumer E) retail
Which of the following is not an assumption of a cost-volume-profit analysis?
A) Selling price and costs can be accurately identified. B) Selling price and costs remain constant within the relevant range. C) Inventory levels can increase or decrease. D) Selling price and costs behave in a linear manner.
Describe behavioral problems as a form of individual distress.
What will be an ideal response?
The CISG makes no provision for "trade usages" since everything is defined
Indicate whether the statement is true or false