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STARTUP AND NEW VENTURE MANAGEMENT (303) MULTIPLE CHOICE QUESTION 1. An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be
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Conduct market research to identify target customers, competitors, and market trends.
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Welcome to management 621 hopeeverybody's doing well my name is MikeStahl I'm gonna be your instructor forthis course and the online MBA programreally excited about working with youguysthis is my second time teaching thisparticular course as an online courseI've got a long history with this classI designed the very first offering ofthis class back in 2001 for our MBAprogram is actually the very first classwe offered in entrepreneurship in theMBA program here at Cal State SanBernardino in entrepreneurship so I'vehad a nice long journey with this classit's evolved significantly over the lastfourteen years and it evolved evenfurther to be taught in the onlinedomain and I actually I'll be upfrontwith you guys before I started doing theonline teaching I was not a proponent ofonline education I thought that itprobably had some benefits but I alsowas concerned about what I saw some ofthe limitations I felt a little bithypocritical in that viewpoint because Ihad never taught online so I volunteeredto teach the Entrepreneurship courseonline in the last cycle for the onlineMBA program and it went I thoughtextremely well I still think there'ssome limitations but I really enjoyedthe experience I thought the studentsdid a great job got great feedback fromthe prior cohort that took the course soI hope that you enjoy the experience asmuch as I do and I hope that you getquite a bit out of the course this iskind of an orientation if you wantsomething to get you set up and movingin the right direction kind of settingthe lay of the land giving you the broadstrokes of what the class is about andwhat to expect as we go through thisclass I always prefer to do somethinglike that because otherwise we're justjumping in and I like to get a littlebit of rather than jumping into the deepend I like to gradually make my way intothe deep end and things and I think thisis a good way to do it in this classwith this introductory module sobasically what we're gonna do in thismodule is take a look at the objectiveof the coursethis course is a required course forentrepreneurship students in thetraditional MBA program it's an electivefor you guys and as a result you mayhave some interesting entrepreneurshipbut you may just be taking it becauseit's available and what I'm hoping isthat when you come out of the other endof this course you're really going to beexcited you're gonna see the applicationof what we're doing in this course toyour work even if you are not planningto become an entrepreneur how can weapply this thing called entrepreneurshipand lots of context and we'll talk aboutthat go look at what you'll be learningso kind of want to give you the lay ofthe land in terms of the topics we'regonna cover in the class talk a littlebit about how you're gonna be learningthe structure and the process that weuse in this class to facilitate thelearning every class face to face onlinehas some built-in limitations there'sjust nothing we can do to get across allthe knowledge we need to to...

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A startup is a newly established business, often in the early stages of operation, that aims to innovate and develop a scalable business model. A new venture is a broader term that refers to any new business undertaking, which may include startups as well as traditional businesses.
Individuals or entities that are initiating a new business or startup are typically required to file for startup and new venture status. This includes entrepreneurs, small business owners, and organizations seeking funding or legal recognition for their business activities.
To fill out a startup and new venture form, one must provide necessary details about the business such as its name, address, business structure, description of products or services, financial projections, and information about the founders and team.
The purpose of a startup and new venture is to rapidly develop a business idea into a viable product or service, secure necessary funding, establish market presence, and drive growth through innovation and entrepreneurship.
Information that must be reported typically includes the business's legal name, registration details, ownership structure, key team members, business plan, market analysis, funding requirements, and expected financial outcomes.
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