this is all one question thay leads into an essay

The vast majority of start-up businesses are enterprises--simply creating another occurrence of a common business, Multiple Choice heuristic spin-off bootstrapping "me-too" The amount by which sales prices exceed product costs refers to 21 Multiple Choice 8 OOB:58 BASIC a minimum viable product. synergy profit margins. Which of the following provides a buffer for the mistakes made by a start-up business? 22 Multiple Choice 8 0708:43 industry experience a detailed start-up budget high margins outside Investment 23 In many franchises the franchiser oversees for even manages) the selection of location, the construction of facilities, the acquisition and installation of necessary equipment, and the initial Inventory with which to open business. Which of the following terms best represents this type of franchising? Stea Multiple Choice business format conversion turnkey trade name Which of the following statements is not true of imitation and innovation? 24 Multiple Choice 8 01:07:47 Almost two-thirds of people starting businesses today plan to use innovation as their approach. Pure Innovation is also called a blue ocean strategy. Most firms use imitation plus or minus one degree of similarity. Highly innovative businesses are difficult to sell. is the business term for the population of customers for a business owner's products or services. 25 Multiple Choice OTO: An Industry Strategy A market Value proposition Proctoring Which of the following is true of the entry wedge of second sourcing? 26 Multiple Choice 3 It occurs because many big businesses have policies that provide for set-asides for purchases from small businesses It occurs when business firms leave a market. It offers the advantage of being globally based. It provides a competitive pressure to ensure that suppliers keep providing the best service and prices. A customer group that involves large portions of the population is referred to as a 27 Multiple Choice 8 01:06:27 mass market niche market. secondary market local market 28 As a firm gets more experience. It can ofter work with fewer mistakes and greater efficiencies, thereby lowering to the cost benefit of 8 15 Multiple Choice scope savings Credit scale savings learning roctoring Enabled is the general name for the line of product or service being sold, or the firms in that line of business. 29 Multiple Choice 3 Ot040 Niche group Market Industry Scope Which of the following is true of the introduction stage of a product? 30 Multiple Choice 8 0:05:24 0 The number of firms typically grows quickly. Firms begin to compete on features and prices. Some products turn out to be extremely popular. O Most customers are unaware of the offerings