QUESTIONS 4. Brad Johnson is starting an upscale men's clothing store in a mall near Seattle. He wants to open his store during the time period in which a business like his can realistically enter the new market Brad is trying to open his business while the __ is open. a.safe harbor b. portal of entry c. doorway of opportunity d.safety zone c. window of opportunity 2. GasBoddy is a company started to help consumers save money on gas.Which environmental trend is most likely to have provided the impetus for the creation of this company? a. Regulatory changes b. Economic forces c. Political changes d. Technological advances c. Social forces 3. Jamie Finch is crafting the business model for her fashion design firm She just completed the section that describes how her firm plans to compete relative to her rivals. Jamie just completed the __ portion of her business model template. a.operations b.core strategy c.resources d.strategic plan c.tactical strategy

## Step1<br />The first question is about the ideal time for a business to enter a new market. The term that best describes this is "window of opportunity". This term refers to a limited period of time when the conditions are right for a particular action or event to occur.<br /><br />## Step2<br />The second question is about the environmental trend that most likely provided the impetus for the creation of GasBoddy, a company that helps consumers save money on gas. The most likely answer is "Technological advances". This is because the company is focused on helping consumers save money on gas, which could be achieved through the use of new technologies.<br /><br />## Step3<br />The third question is about the portion of a business model template that describes how a firm plans to compete relative to its rivals. The term that best describes this is "core strategy". This is because the core strategy of a business model describes how the business plans to compete in the market.