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An entrepreneur believes experience removes the need for market research. What is the correct response?

Answer and explanation

Correct answer: Experience is useful but current information is also needed for changing demand

Experience does not replace current evidence. Understand the use of both prior experience and new data.

Related tags

Experience-MythMarket-ResearchCurrent-DataMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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