Quiz Page 29 of 76 (PART THREE)
- Posted by Michael C. Fanning
- Date May 16, 2023
- convenience
- market value
- pain points
- premium
- subscription-based
- demanding
- accessibility
- research
- unique selling point
- leader
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Question 1 of 2
1. Question
1. The business conducted extensive 1.__________ in order to determined the preferences and 2.__________ of their target market in relation to household and personal care products. The outcome of the research showed that people were very keen on purchasing eco-friendly and non-toxic products since global awareness of the negative impact of traditional products was on the rise. People were increasingly 3.__________ products that did not adversely affect both their health and the environment.
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Question 2 of 2
2. Question
2. The Honest Company’s 4.__________ is their commitment to providing high-quality, eco-friendly, and non-toxic goods that are safe for both the environment and consumer’s families. A 5.__________ model delivers products directly to client’s doors which taps into the 6.__________ that most people have come to enjoy and expect nowadays. 7.__________ is a very important detail in maximizing a business’s 8.__________. And the company also charges a 9.__________ price while delivering high-quality offerings. By identifying the market and economic value, and leveraging their unique selling point, The Honest Company has been able to establish themselves as a 10.__________ in the eco-friendly household and personal care products market.
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Entrepreneurship
I am a serial entrepreneur and I have been vegetarian for 14 years now. In a nutshell, I start businesses, grow them and retain some ownership before decelerating from all the operational duties involved.
In addition, I am a complete lover of nature. I turned vegetarian at 18 years old. And my mother introduced me to hiking in my teenage years. So, I take random walks in the bushes every now and then. It definitely helps with decision-making in business, too. But it is not all that I am. I am also an aspiring father, husband and Vegan. Did I mention I am Christian?
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