Problem 1: What are the three primary reasons people become entrepreneurs?
Problem 2: What is a product opportunity gap?
Problem 3: What is a product/service feasibility analysis?
Problem 4: What is a business model?
Problem 5: What is an industry analysis and why is it important for a new firm to analyze the industry in which it may choose to compete?
Problem 6: What are the advantages of preparing a business plan for a new venture?
Problem 7: What are some of the specific steps hat can be taken in an entrepreneurial venture for the purpose of building a strong ethical culture?
Problem 8: What is the purpose of a forecast? What factors does a firm use to create its forecasts of future income and expenses?