What environmental trends are working in Dropbox’s favor as the firm seeks to operate profitably? What environmental trends may work against Dropbox and why?
Answer to relevant QuestionsWhat personal characteristics does Drew Houston possess that suggest he may have what it takes to be a successful entrepreneur? What four environmental trends are most instrumental in creating business opportunities? Provide an example of each environmental trend and the type of business opportunity that it might help create. In putting wide age ranges on their products (i.e., suitable for ages 4 through 7), do you think that software companies prior to the advent of JumpStart’s grade-specific products ever thought that the wide age range ...Why do most start-ups focus on relatively small target markets to begin with rather than larger markets with more substantial demand? If you were one of the recipients of New Venture Fitness Drink’s concept statement, as presented earlier in the chapter, what type of feedback would you have given the company about the viability of its product idea?
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