ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

ENTREPRENEURIAL PROCESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Utilizes resources
A
Discovery
B
Resourcing
C
Concept Development
D
Actualization
Explanation: 

Detailed explanation-1: -It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth.

Detailed explanation-2: -Actualization – The stage in the entrepreneurial process in which the entrepreneur operates the venture and utilizes resources to achieve its goals/objectives.

Detailed explanation-3: -Financial Resources: Funding. Human Resources: Employees. Educational Resources: Industry Know How. Physical Resources: Premises and Equipment. More items

There is 1 question to complete.