Why is it necessary for entrepreneurs to disclose their ideas during the feasibility analysis?
Disclosing Your Business Idea

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To avoid competition
To secure immediate funding
To determine if the idea is operationally possible
To ensure they have enough resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main goal of the customer discovery phase?
To finalize the business plan
To understand the needs and wants of potential customers
To secure a patent for the idea
To hire the first employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might banks and investors not sign a non-disclosure agreement?
They prefer verbal agreements
They do not have the resources
It is not standard industry practice
They are not interested in the idea
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When should entrepreneurs be cautious about disclosing their ideas?
When applying for a business license
When hiring new employees
When speaking with potential customers
When discussing with direct competitors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of disclosing your idea to competitors?
They might lose interest in the market
They will provide feedback
They could exploit the idea themselves
They might offer you a partnership
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