ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Investigate Trends
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Look For Business Opportunities
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Brainstorm Problems and Ideas
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Profitability Analysis
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Detailed explanation-1: -The entrepreneurial process consists of four steps: deciding to become an entrepreneur, developing successful business ideas, moving from an idea to an entrepreneurial firm, and divesting or selling the entrepreneurial firm.
Detailed explanation-2: -It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth.
Detailed explanation-3: -Which of the following is not one of the four steps of the entrepreneurial process? Determining how to seize the spotlight.
Detailed explanation-4: -Build Your Skill Set and Knowledge Base. No matter what, you want to start and stay curious. Build Your Network. No one ever succeeded alone. State Your Idea, Claim Your Niche. Find and Understand a Market. Design Your Business and Idea. Secure Finding. Build Your Business.