INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Growth
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Implementation
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Innovation
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Staging
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Triggering Event
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Detailed explanation-1: -Question: Which of the following is not a step of the entrepreneurial process? Answer: Inventing a new product or process Explanation: The entrepreneurial process can be divided into five stages: concept creation, opportunity assessment, planning, bu…
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: -Villian is not a type of enterpreneur.
Detailed explanation-4: -Expert Answer Analyzing the industry is not a stage of the entrepreneurial process.
Detailed explanation-5: -Stage 1: Inspiration and ideation. Stage 2: Execution. Stage 3: Scaling the business. Step 4: Reaching the top of the mountain. 07-Nov-2019