launching a new business\nwhich of these assumptions can an entrepreneur safely make when planning a start…

launching a new business\nwhich of these assumptions can an entrepreneur safely make when planning a start - up? check all that apply.\nsetting up a business in a large city will guarantee its success.\ncustomers exist for every product.\nit is important to have a thorough knowledge of the product.\nthorough planning and sound strategy do not guarantee a businesss success.\nraising funds is necessary but may involve personal risk.

launching a new business\nwhich of these assumptions can an entrepreneur safely make when planning a start - up? check all that apply.\nsetting up a business in a large city will guarantee its success.\ncustomers exist for every product.\nit is important to have a thorough knowledge of the product.\nthorough planning and sound strategy do not guarantee a businesss success.\nraising funds is necessary but may involve personal risk.

Answer

Brief Explanations:

  • Setting up in a large city doesn't guarantee success due to high - competition. Not all products have customers. Having thorough product knowledge is crucial for understanding features, benefits, etc. Thorough planning and strategy don't ensure success due to unforeseen factors. Raising funds often requires personal guarantees, involving risk.

Answer:

  • It is important to have a thorough knowledge of the product.
  • Thorough planning and sound strategy do not guarantee a business’s success.
  • Raising funds is necessary but may involve personal risk.