Question 1

For an entrepreneur to estimate and communicate sustainable value to potential stakeholders,an opportunity should have a minimum market size of _______.

Accepted Answer

The answer of For an entrepreneur to estimate and communicate...

Question 2

Superior opportunities solve a significant problem,remove a serious pain-point,or meet a significant want or need for which someone is willing to pay a(n)____.

Accepted Answer

The answer of Superior opportunities solve a significant problem,remove a...

Question 3

Ventures that generate after-tax profits of less than ________ percent are quite fragile.

Accepted Answer

The answer of Ventures that generate after-tax profits of less...

Question 4

What minimum level of gross margin is characteristic of a superior opportunity?

Accepted Answer

The answer of What minimum level of gross margin is...

Question 5

Briefly discuss the harvest issue of exit mechanism and strategy in evaluating venture opportunities.

Accepted Answer

The answer of Briefly discuss the harvest issue of exit...

Question 6

The context in which the sale or acquisition of a company occurs is largely driven by the _____ at that particular time.

Accepted Answer

The answer of The context in which the sale or...

Question 7

According to studies,the _____ side of the brain performs rational,logical functions.

Accepted Answer

The answer of According to studies,the _____ side of the...

Question 8

What are the five attributes of real business opportunities?

Accepted Answer

The answer of What are the five attributes of real...

Question 9

The goal for a firm is to avoid declining revenue conditions and become the _____ provider.

Accepted Answer

The answer of The goal for a firm is to...

Question 10

In the medical and life sciences,what is the minimum market size in sales opportunity seekers should be looking for?

Accepted Answer

The answer of In the medical and life sciences,what is...

Question 11

Venture opportunities that frequently target expensive-to-reach customers have _____ potential.

Accepted Answer

The answer of Venture opportunities that frequently target expensive-to-reach customers...

Question 12

The positive attributes of an opportunity diminish when the time to breakeven and achieve positive cash flow exceeds _____ years.

Accepted Answer

The answer of The positive attributes of an opportunity diminish...

Question 13

_____ is defined as earnings before interest but after taxes (EBIAT)plus amortization (A)and depreciation (D)less spontaneous working capital requirements (WC)less capital expenditures (CAPex)or FCF = EBIAT + [A + D] - [+ or - WC] - CAPex.

Accepted Answer

The answer of _____ is defined as earnings before interest...

Question 14

Briefly discuss profits after tax as a criterion in evaluating venture opportunities.

Accepted Answer

The answer of Briefly discuss profits after tax as a...

Question 15

Briefly discuss cost structure as a criterion in evaluating a high-potential venture opportunity.

Accepted Answer

The answer of Briefly discuss cost structure as a criterion...

Question 16

When evaluating venture opportunities in the medical and life sciences today,a minimum market size of _____ in sales is attractive.

Accepted Answer

The answer of When evaluating venture opportunities in the medical...

Question 17

In general,when do business plans become obsolete?

Accepted Answer

The answer of In general,when do business plans become obsolete?...

Question 18

Of utmost importance with new venture creation is the fit of the _____ and the management team with the opportunity.

Accepted Answer

The answer of Of utmost importance with new venture creation...

Question 19

Spontaneous,facilitated collaboration with no criticisms is a creative group process referred to as ____.

Accepted Answer

The answer of Spontaneous,facilitated collaboration with no criticisms is a...

Question 20

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

Accepted Answer

The answer of Price-cutting and other competitive strategies in highly...

Quiz 5: Opportunity Recognition