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.