Which of the followings are best describe the major necessary components in the entrepreneurial process?I. Hakeem is an entrepreneur who is the founder of Barakah Enterprise.II. Hakeem can seize and act on an opportunity.III. Hakeem works in a silo and he will package a viable offering to customer using available resources. IV. In a team, Hakeem will package a viable offering to customers using available resources.

DEFINITION OF ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	I, II, and III.
B	II and IV
C	I, III and V
D	I, II, III and IV

Explanation:

Detailed explanation-1: -No matter how bold or ambitious your plans are to grow your business, the key to your business’s success lies in three critical, interdependent components: operational excellence, customer relations/communications and financial management.

Detailed explanation-2: -Opportunity. Capabilities. Resource.

Detailed explanation-3: -Stage 1: Inspiration and ideation. Stage 2: Execution. Stage 3: Scaling the business. Step 4: Reaching the top of the mountain. 07-Nov-2019

Detailed explanation-4: -Innovation. Risk taking. Vision. Organisation.

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP