Exam 5: The Opportunity: Creating,shaping,recognizing,seizing

Which of the following has research shown to be the most important determinant of competitive success?

The United States has a _________-dominated economy.

Discuss how the Capital Markets Food Chain concept pertains to fund raising strategies for the startup entrepreneur.

One of the big differences between the growth- and equity-minded entrepreneur and the traditional small business owners is that the entrepreneur is willing to use leverage financing.

When searching for a major opportunity,the best management teams stay away from fragmented industries that have a craft or mom-and-pop character.

Data available about market characteristics,competitors,and the like are frequently inversely related to the real potential of an opportunity.

In a free enterprise system,opportunities are held up and prevented by such factors as changing circumstances,chaos,confusion,inconsistencies,and information gaps.

Which of the following was most pivotal in the success of upstart Cellular One over communications giant NYNEX?

Which minimum return on investment would a professional investor expect with a superior business opportunity?

Having a favorable window of opportunity is most closely related to:

Price-cutting and other competitive strategies in highly concentrated markets can present a significant ________ for new entrants.

Which of the following is related to the development of the value chain and channels of distribution?

What minimum level of after-tax profit potential do venture investors expect to see in a superior opportunity?

The vast majority of startup entrepreneurs spend inordinate amounts of time chasing inappropriate funding sources for their venture.

With the exception of the real estate they may own for their business,small business owners rarely build much ________.

Earnings before interest but after taxes (EBIAT)is driven by all the following except:

With higher potential businesses,what is the potential payback to the user or customer of a given product or service through cost savings or other value-added or valued-created properties?

For owners of small businesses,extremely long hours of 70,80,or even 100 hours a week,and rare vacations,are often the rule rather than the exception.

What do Federal Express and Cingular Wireless have in common with regard to how those opportunities came about?

What minimum annual growth rate is characteristic of a high-potential venture opportunity?