INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
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The first stage of Entrepreneurship is
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Resourcing
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Actualization
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Harvesting
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Discovery
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Explanation:
Detailed explanation-1: -The first three stages of the Enterprise Creation stage which emerged are: Discovery, Modeling, and Startup which form the new venture formation stages. The next three Existence, Survival and Success develop the business into a sustainable business entity.
Detailed explanation-2: -The “Five Stages of Entrepreneurship” is a simple framework that helps new founders to understand the entrepreneurship journey. The stages include ideation, planning, execution, scaling, and hypergrowth.
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
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