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For the question(s) below, consider the following competitive profile matrix: Competitive Profile Matrix Key Success Factors Your Business Weighted Competitor 1 Weighted Competitor 2 Weighted Weight Rating Score Rating Score Rating Score Quality .35 4 1.40 2 .70 1 .35 Service .20 4 .80 2 .40 2 .40 Convenience .15 2 .30 4 .60 1 .45 On-Time Delivery .20 2 .40 4 .80 3 .60 Location .10 3 .30 1 .10 2 .20 Total 1.00 3.20 2.60 1.70 In terms of quality, which company has the weakest competitive position?

Large companies create significantly more patents and other forms of innovations per research and development dollars spent than small firms.

The most common reasons that owners of small businesses give for selling are the intensity of competition and an inability to raise sufficient cash to continue to grow.

To protect patent claims, an inventor should be able to verify and document the ________.

Small businesses actually create more jobs than the number of jobs big businesses create.

It may appear in the incubation stage of the creative process that the entrepreneur is loafing, as he is taking time to reflect on the information collected.

“Verification” refers to ________.

Entrepreneurs can encourage creative thinking in their employees by setting examples of creative behavior and rewarding creative behavior when exhibited by their employees.

Ninety-percent of businesses in the United States are family-owned and managed and account for 62 percent of total U.S. employment.

________ thinking is the ability to see similarities and ________ thinking is the ability to see differences among various data and events.