An appropriate retailer action in the accelerated development stage of the retail life cycle is to establish a pre-emptive market position by leasing ideal locations to lock out competition

The __________ of a hotel should have the most effect on who services convention groups.

Fill in the blank(s) with the appropriate word(s).

Which of the following is an incorrect statement regarding factors influencing a business manager's choice of organizational form?

A) Provided that the business manager chooses correctly, there is an ideal form of business venture. B) Each organizational form has its advantages. C) Each organizational form has its disadvantages. D) The entrepreneur, with the counsel of an attorney and an accountant or a tax expert, should carefully weigh the advantages and disadvantages of different organizational forms for the type of business the entrepreneur wishes to engage in.