Once an entrepreneur has established a reasonable radius from which he or she would draw his or her primary customers, the next step is to examine each potential competitor.

Name: Once an entrepreneur has established a reasonable radius from which he or she would draw his or her primary customers, the next step is to examine each potential competitor.
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Question

Quizplus · Accepted Answer

This statement is true. Examining potential competitors is an important step in market research and analyzing the competition.

Once an Entrepreneur Has Established a Reasonable Radius from Which