Question
Felix, an entrepreneur, sets up several sporting goods stores in his town. Several years after founding, he begins to realize that major chains are entering
Felix, an entrepreneur, sets up several sporting goods stores in his town. Several years after founding, he begins to realize that major chains are entering the market, which is leading to market saturation in his area. In this scenario, why would he decide to harvest the venture?
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Answer In the context described Felix the entrepreneur may decide to harvest the venture due to several reasons Market Saturation The entry of major c...Get Instant Access to Expert-Tailored Solutions
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