Question
Innovation & Entrepreneurship Question on Small Business and Entrepreneurship
The five phases of the entrepreneurial process are:
A
Opportunity evaluation, planning, idea generation, growth, company formation/launch
B
Idea generation, growth, opportunity evaluation, planning, company formation/launch
C
Idea generation, growth, company formation/launch, opportunity evaluation,planning
D
Idea generation, opportunity evaluation, planning, company formation/launch, growth
Answer
Idea generation, opportunity evaluation, planning, company formation/launch, growth
Explanation
Solution
The Correct Option is (D): Idea generation, opportunity evaluation, planning, company formation/launch, growth