QUIZ 7 - MISSED 1 Question 1 (1 point) Good strategy does...

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MISSED 1 Question 1  (1 point) Good strategy does not lead to greater chances for survival and higher profits for a small business. True Question 2  (1 point) The two major classification systems that code industries are NAICS and SIC True Question 3  (1 point) An imitative strategy is an approach in which the entrepreneur does basically what others are  already doing. True Question 4  (1 point) Industry dynamics are a customer group that involves large portion of the population. False Question 5  (1 point) Transformational and combinational are two types of competencies. True Question 6  (1 point) The first step of strategic planning is
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prestrategy. Question 7  (1 point) An opportunity that makes it possible for a new business to gain a foothold in a market is called a/an  _________________.
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This note was uploaded on 06/28/2011 for the course BUS 350 taught by Professor Na during the Spring '11 term at American River.

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QUIZ 7 - MISSED 1 Question 1 (1 point) Good strategy does...

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