Carol is starting a new comic book shop in downtown Chicago and is making an external analysis. What would be an important part of her external analysis?

Question

(1 point)
Responses

assessing whether she has enough capital on hand to establish a comic book shop

assessing whether she has enough capital on hand to establish a comic book shop

assessing whether she has capacity to train staff to run the shop

assessing whether she has capacity to train staff to run the shop

assessing whether the business structure of the comic book shop will be efficient

assessing whether the business structure of the comic book shop will be efficient

assessing whether industry in the region for customer trends and fluctuations

Answer 1

The most important part of Carol's external analysis would be:

assessing whether industry in the region for customer trends and fluctuations.

This analysis will help her understand the market demand for comic books, competition, and potential customer demographics, which are critical for the success of her shop.