which one of the following is not part of starting and running a business? selecting a business structure…

which one of the following is not part of starting and running a business? selecting a business structure setting up systems to get work done developing a business plan deciding what you will sell and who you will sell it to selecting the fabric for employee uniforms question 20 a specific group of customers at which a product/service is aimed is called: seed investors a target audience an s - corp a focus group question 21 true or false: before deciding what you will sell as an entrepreneur, you should avoid conducting research to learn about both market trends and customer needs.

which one of the following is not part of starting and running a business? selecting a business structure setting up systems to get work done developing a business plan deciding what you will sell and who you will sell it to selecting the fabric for employee uniforms question 20 a specific group of customers at which a product/service is aimed is called: seed investors a target audience an s - corp a focus group question 21 true or false: before deciding what you will sell as an entrepreneur, you should avoid conducting research to learn about both market trends and customer needs.

Answer

Brief Explanations:

  • For the first question, selecting business structure, setting up work - systems, developing a business plan and deciding products and customers are key aspects of starting and running a business. Selecting fabric for employee uniforms is a later - stage, less fundamental activity.
  • For the second question, a target audience is the specific group of customers a product or service is aimed at. Seed investors are funding sources, an S - Corp is a business structure and a focus group is for market research.
  • For the third question, entrepreneurs should conduct research on market trends and customer needs before deciding what to sell, so the statement is false.

Answer:

  • Question 1: Selecting the fabric for employee uniforms
  • Question 2: A target audience
  • Question 3: False