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Quizlet #5: How to create a monopoly
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1. All _______ should have a vision of becoming a monopoly.
1 point
companies
corporations
startups
institutions
Clear selection
2. Own your house, own your street, own your block, own your _______.
1 point
area
city
world
neighborhood
Clear selection
3. If cash is the lifeblood of a business, gross margin is the _______.
1 point
heart
circulatory system
body
arteries
Clear selection
4. What stage should you stay at until you fully understand the cost and revenue variables?
1 point
your house
your area
your block
your street
Clear selection
5. The theory of adjacencies says that
1 point
two-degree market moves are optimal
three-degree market moves are a bit of a risk but can pay off
you should stick to one-degree moves
how many degrees you should move depends on your stage
Clear selection
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