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Generally, an industry is less attractive when the number of buyers in the industry is large.

Within five years, ________ percent of new businesses will fail.

Generally, an industry is more attractive when the items suppliers provide the industry account for a relatively high portion of the cost of the industry’s finished product.

Every business influences and is influenced by a multitude of stakeholders.

In a business plan, both company goals and objectives should relate to the company’s mission.

Narrower product lines, smaller customer bases, and more limited geographic areas give small companies a natural advantage over large businesses when preparing a strategic plan.

A strategic plan serves as a blueprint to help a company to ________.

Increasing numbers of women are discovering that the best way to break the “glass ceiling” that prevents them from rising to the top of many organizations is to start their own companies.

One of the biggest changes entrepreneurs face is the shift in the economy from a base of financial to intellectual capital.

Changing demographics create opportunities for entrepreneurs.