Multiple Choice
As described in the text, the first phase of the entrepreneurial process is __________.
A) identification and evaluation of the opportunity
B) development of the business plan
C) determination of the required resources
D) integration of the operational plan
E) management of the resulting enterprise
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Because most good business opportunities appear suddenly,
Q17: It is important to note that the
Q18: Define and describe an opportunity assessment plan.
Q19: Scanning and evaluating the competitive environment would
Q20: As described in the text, an opportunity
Q22: The purpose of calculating the potential return
Q23: The product planning and development process: This
Q24: As discussed in the text, with regards
Q25: To an entrepreneur, the difference between a
Q26: The market analysis approach is used to