INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Defining and quantifying the problem is the first step in the problem solving model
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The first step in the model of business problem solving discussed in the chapter is: Correct identifying the problem. Converting raw data into a more meaningful form is called: Correct processing.
Detailed explanation-2: -Step 4: Implement To implement is the step in which the solution to the problem is tested and evaluated. The entrepreneur walks through the planned implementation with the client and tests each part of the solution, if a service, or thoroughly tests a developed good.
Detailed explanation-3: -What is the first step in the problem solving method? Identify the problem.
Detailed explanation-4: -The final step in problem solving is implementing the decision.
There is 1 question to complete.