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Questions and Answers
What type of businesses are considered attractive in the text?
What type of businesses are considered attractive in the text?
- Businesses with low operating margins
- Businesses that are highly dependent on key raw materials
- Businesses that are early in their life cycle (correct)
- Businesses that are crowded
Which factor indicates an unattractive target market?
Which factor indicates an unattractive target market?
- Having high operating margins
- Dependence on historically low prices of raw materials (correct)
- Being fragmented rather than concentrated
- Selling products that customers 'want to have'
What is the challenge in identifying an attractive target market?
What is the challenge in identifying an attractive target market?
- Choosing a market with highly concentrated businesses
- Finding a market with low operating margins
- Identifying a market with shrinking growth
- Selecting a market that's small enough to avoid attracting larger competitors (correct)
What is the purpose of an organizational feasibility analysis?
What is the purpose of an organizational feasibility analysis?
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What type of products do attractive businesses sell, according to the text?
What type of products do attractive businesses sell, according to the text?
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What does not describe an attractive business based on the text?
What does not describe an attractive business based on the text?
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What is an essential feature of attractive businesses?
What is an essential feature of attractive businesses?
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What does not describe unattractive businesses according to the text?
What does not describe unattractive businesses according to the text?
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What is conducted in an organizational feasibility analysis?
What is conducted in an organizational feasibility analysis?
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