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Describe three (3) critical factors in a new venture assessment they are: 1. Competitive Advantage of the Venture: what are the competitive

Describe three (3) critical factors in a new venture assessment they are:1. Competitive Advantage of the Venture: what are the competitive advantages of the companies already in business?2. Buyer Decision in the Venture: who are the customers likely to be?3. Marketing of the Goods and Services: who will perform the selling functions?

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