INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which Stage? Utilizing Resources
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Discovery
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Resourcing
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Concept Development
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Actualization
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Harvesting
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Explanation:
Detailed explanation-1: -Actualization: The stage in which the entrepreneur operates the venture and utilizes resources to achieve its goals/objectives. The stage in which the entrepreneur decides on venture’s future growth, development, or demise.
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: -Actualization – The stage in the entrepreneurial process in which the entrepreneur operates the venture and utilizes resources to achieve its goals/objectives.
There is 1 question to complete.