You asked: "Describe three (3) critical factors in a new venture assessment they are: Competitive Advantage of the Venture:

You asked:"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?"

The three(3) critical factors in a new venture assessment are as follows:1. Competitive Advantage of the Venture: The competitive advantage of a venture isextremely important. Competitive...