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A lack of demonstrated experience, no clear market niche, a failure to anticipate
roadblocks, no realistic goals set, and a lack of commitment are pitfalls or common
points of failure that occur before an entrepreneur ever gets a plan reviewed.
The sources of new business ideas among men and women are identical in type and
proportion.
List and briefly explain the three methods utilized for business evaluation.
If infringement can be proven in court, an award may be given to the trademark holder.
Pricing for the product life cycle is generally ineffective for luxury goods.
