INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Discover, concept development, resourcing, actualization, harvesting
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Discover, resourcing, actualization, harvesting, concept development
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Resourcing, actualization, harvesting, concept development, discovery
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Resourcing, actualization, concept development, discovery, harvesting
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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: -Step 1: Think of an idea. First things first, you need a business idea. Step 2: Get to work. You might have a good idea but without passion, your idea won’t thrive. Step 3: Consider the risks involved. Step 4: Research your idea. Step 5: It’s time to build. Step 6: Launch your product. 18-Jul-2019
Detailed explanation-3: -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.
Detailed explanation-4: -Stage 1: Inspiration and ideation. Stage 2: Execution. Stage 3: Scaling the business. Step 4: Reaching the top of the mountain. 07-Nov-2019