INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Step 1
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Step 2
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Step 3
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Step 4
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Detailed explanation-1: -4. Make them measurable. For this step, it’s time to create KPIs (Key Performance Indicators), a measurable value that helps you determine your progress towards your goals. By making your goals measurable, you’re making it clear to yourself and/or your people what success looks like (and what failure looks like).
Detailed explanation-2: -Use the SMART acronym as an outline. Write down a goal, then break down how the goal is specific, measurable, achievable, relevant, and timely. Provide details about your goal for each letter in the acronym.
Detailed explanation-3: -S = specific. Your goal should include details of what you want to accomplish. M = measurable. You should be able to measure your progress and accurately determine whether you’ve accomplished your goal. A = attainable. Your goals should challenge you. R = realistic. T = timely.