What is the true litmus test for a venture concept?
a. Whether or not the customer sees value in the concept and is willing and able to pay for
it
b. Whether or not customers are at least willing to try your product
c. An experiment that proves your prototype works
d. Whether or not the customer reacts positively to the concept
a. Whether or not the customer sees value in the concept and is willing and able to pay for
it
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A firm that is unable to pay its bills as they come due is said to be insolvent
Indicate whether the statement is true or false
An administrative agency can be created to perform: A)only one of the three functions of government (executive, legislative, or judicial)
B)any two of the three functions of government. C)all three of the functions of government. D)none of the three functions of government.
Using layers is an effective way to build Web sites since it does not require any pop-up pages
Indicate whether the statement is true or false
Figure 10-4The consumers represented by D in Figure 10-4 above are called ________.
A. early majority B. innovators C. late majority D. early adopters E. laggards