Question

Before creating a business plan an entrepreneur must research ____ business in the past:

A. Similar
B. Different
C. All
D. Random

Answer 1

It's A. Similar just took the test its right

Answer 2

Before creating a business plan an entrepreneur must research similar business in the past. Correct answer: A

The entrepreneur should analyze the market and similar business in order to become familiar with all aspects of the market so that the target market can be defined and the company can be positioned in order to garner its share of sales.