Four steps in the entrepreneurial process

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Reference no: EM133945057

Question

1. Which of the following is not an example of a social force?

a. increased diversity of the workforce

b. changes in interest rates

c. retirement of baby boomers

d. increased interest in healthy foods

2. Innovation is _____.

a. producing new products

b. the process of generating ideas

c. the potential of individual achievement

d. the process of producing ideas

3. Which of the following is the correct sequence for the four steps in the entrepreneurial process?

a. deciding to become an entrepreneur, developing successful business ideas, moving from an idea to an entrepreneurial firm, managing the growing entrepreneurial firm

b. developing successful business ideas, deciding to become an entrepreneur, moving from an idea to an entrepreneurial firm, managing and growing the entrepreneurial firm

c. developing successful business ideas, moving from an idea to an entrepreneurial firm, deciding to become an entrepreneur, managing and growing the entrepreneurial firm

d. deciding to become an entrepreneur, moving from an idea to an entrepreneurial firm, developing successful business ideas, managing and growing the entrepreneurial firm.

Reference no: EM133945057

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