ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

ENTREPRENEURIAL PROCESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are the first three steps in the entrepreneurial process?
A
Idea generation, opportunity identification and business concepts
B
Opportunity identification, idea generation and resources
C
Idea generation, business concepts and harvesting
D
Opportunity identification, idea generation and business concepts
Explanation: 

Detailed explanation-1: -Idea Generation: every new venture begins with an idea. Opportunity Evaluation: this is the step where you ask the question of whether there is an opportunity worth investing in. Planning: Once you have decided that an opportunity, you need a plan for how to capitalize on that opportunity. More items

Detailed explanation-2: -Step 1: Idea generation: The first and foremost step of the entrepreneurial process is to generate the idea upon which the business would be based. The idea can be generated from the simplest of problems and even the complex ones as well.

Detailed explanation-3: -Intrapreneurship. Social Entrepreneurship. Indigenous Entrepreneurship. More items

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

There is 1 question to complete.