What best describes how you identified a market need for your product or service?
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A) I conducted thorough market research and know my target audience.
B) I have identified a need, but I haven’t fully validated it with data.
C) I relied on intuition and hope to determine demand.
How effectively do you manage your business’s finances and cash flow?
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A) I regularly update a detailed budget and closely monitor cash flow.
B) I have a budget, but I don’t consistently track or adjust it.
C) I don’t have a clear financial plan or actively manage cash flow.
How well does your business location support attracting your target customers?
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A) My location aligns perfectly with the needs and habits of my target audience.
B) My location is adequate but may not fully support my goals.
C) My location was chosen for convenience or cost, not based on strategy.
What best describes your approach to customer service?
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A) We proactively create exceptional experiences for every customer.
B) We provide good service but don’t consistently exceed expectations.
C) We react to issues as they arise but don’t focus on improving experiences.
How would you rate your business’s ability to adapt to market changes?
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A) We actively monitor trends and adapt quickly to maintain relevance.
B) We adjust when necessary but could be more proactive.
C) We rarely change and stick to traditional methods.
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