Module 1 Discussion: 150+ wordsPlease identify and articulate on the following items and discuss why I would, andyou should think that they are some of the most important lessons inentrepreneurship.What is customer development at an abstract level and why is it important?• What is the role of an entrepreneur (as defined on page 19) and how is thisimportant?• Why, according to Steve Blank, do most startups fail? What lessons can welearn from this?• What is the key philosophy to successful entrepreneurship. Why is this the onelesson you should learn from this class if nothing else?

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Answered: Module 1 Discussion: 150+ words Please…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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ENTREPRENEURSHIP_LAS_2nd-C x + O File | C:/Users/user/Downloads/ENTREPRENEURSHIP_LAS_2nd-QUARTER-for-printing.pdf ... + B Page view A Read aloud O Add text | V Draw 9 Highlight O Erase 11 of 29 Exercise #1: MULTIPLE CHOICE Directions: Choose among the options the proper factor that serve as basis in forecasting revenues of the business which is described by the statement/s. 1. When the economy grows, its growth is experienced by the consumers. Consumers are more likely to buy products and services. The entrepreneur must be able to identify the overall health of the economy to make informed estimates. A. The competing businesses or competitors B. Changes happening in the community C. The economic condition of the country D. The internal aspect of the business. 2. Observe how your competitors are doing business. Since you share the same market with them, information about the number of products sold daily or the number of items they are carrying will give your idea as to how much your…
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