Multiple Choice
To be successful, the entrepreneurial process should __________.
A) be followed progressively, taking care to finish each phase before beginning another
B) be followed sequentially, taking care to finish each phase before beginning another
C) work on all four phases simultaneously, as they are interdependent
D) be followed progressively, but recognizing that all four phases are interdependent
E) None of the answers apply.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: The market analysis approach is used to
Q27: Although formal mechanisms are generally found within
Q28: Describe the characteristics necessary to develop a
Q29: The difference between the income statement approach
Q30: As defined in the text, the time
Q32: In order to gain the financing needed
Q33: To an entrepreneur, an opportunity assessment plan
Q34: A qualitative opportunity assessment would include which
Q35: The purpose of determining the market potential
Q36: Ultimately, when assessing an opportunity, entrepreneurs should