INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is the process of starting and operating your own business.
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Marketing
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Corporation
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Entrepreneurship
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Coffee Shop
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Explanation:
Detailed explanation-1: -Entrepreneurial activity includes developing and starting a new business and implementing a business marketing plan, often with the end goal of selling the company to turn a profit. An entrepreneur who regularly launches new businesses, sells them and then starts new companies is a serial entrepreneur.
Detailed explanation-2: -It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth.
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