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1. Identify and discuss two examples of financial difficulties that can cause a venture to fail.

2. Identify and discuss two examples of managerial problems that can cause a venture to fail.

3. List four major types of problems that new ventures confront.

4. How can asking the right questions help an en- trepreneur evaluate a new venture? What types of questions are involved?

5. Explain the traditional methods of new venture evaluation: profile analysis, feasibility criteria approach, and comprehensive feasibility method.

6. Describe the contemporary methods of new venture evaluation: design methodology and the lean start-up methodology.

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