Question 12 1 pts Reasons for developing a start-up, rather than pursuing other alternatives, include all of the following except: O freedom to select the ideal location, equipment, products or services, employees, suppliers, and bankers o avoidance of undesirable precedents, policies, procedures, and legal commitments of existing firms invention of a new product or service the existence of established customers or clientele 1 pts Question 8 A 32-year-old manager lost his job because of cutbacks in staff. He immediately made plans to open his own business. For him, the loss of a job was: O a window of opportunity a loss of self-confidence a precipitating event evidence of harassment Which of the following is an unfavourable condition for starting-up a new business Market growth rate at least 15% a year Have or can develop regulatory protection Solo entrepreneur with no related experience Time required to break even is under 2 years Traditionally, U.S. franchisers have done most of their international franchising in: Japan China Canada Mexico