Which of the Following Is the Proper Sequence for When

Multiple Choice

Which of the following is the proper sequence for when a firm should develop a business model?

A) Preparation of the business model, initial validation of the business idea, opportunity recognition
B) Initial validation of the business idea, establishing a growth plan, preparation of the business model
C) Initial validation of the business idea, preparation of the business model, fleshing out the operational details of the firm
D) Opportunity recognition, fleshing out the operational details of the firm, preparation of the business model
E) Opportunity recognition, preparation of the business model, establishing a growth plan for the firm