Suppose you wanted to open a new business in your hometown


Suppose you wanted to open a new business in your hometown. Based on what you learned about the different market structures:

  • Describe  your business (the product or service, the ideal size of your firm, the  requirements needed to enter this market, etc.).
  • Describe the market you would operate in, making sure to detail the characteristics of the market structure and also the opportunities and challenges you might face.

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Business Management: Suppose you wanted to open a new business in your hometown
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