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English, 06.07.2022 21:15 pauyonlor

1. This is the part where the entrepreneur should use the resources allocated for the new venture. A. Opportunity Spotting and Assessment
b. Developing a Business Plan
c Determining the Capital Needed
d. Ruming the Business

2. It is mandatory in the entrepreneurial process to calculate the resources needed to establish the business and compare this against the entrepreneur's current resources

A. Opportunity Spotting and Axtestment
b. Developing a Business Plan
C. Determining the Capital Needed
D. Running the Business

3. Consumers are reliable sources of opportunity information because market needs originate from them

a. Opportunity Spotting and Assessment
b Developing a Business Plan
c. Determining the Capital Neoded
d. Running the Business

4. A comprehensive paper that details the marketing, operational, human resource, financial, strategic direction, and tactics of the business

A. Business Plan
b. Opportunity Spotting and Assessment
c. Determining the Capital Needed
d. Running the Business

5 The first step and is the most difficult process of all due to the number of options that the entrepreneur will have to choose from.

a Opportunity seeking
b. Opportunity screening
c Opportunity seizing
d. Opportunity seeking, screening and seizing

6 This is the "pushing through" with the chosen opportunity
a Opportunity seeking
b. Opportunity screening
c Opportunity seizing
d. Opportunity seeking, screening and seizing

7 The process of cautiously selecting the best opportunity
a. Opportunity seeking
b. Opportunity screening
c. Opportunity seizing
d. Opportunity seeking, screening and seizing

8. These factors represent a general view of a locality's traditions, customs, beliefs, norms, and perceptions.

A. Socio-cultural factors
b Technological factors
C. Economic factors
d Environmental or ecological factors

9. These factors play a vital role
affect any business venture

a Socio-cultural factors
b Technological factors
c Economic factors
d Environmental or ecological factors

10. These factors are mortly induced by government policies and administrations, which can have a strong effect in the entrepreneur's business

A Political factors
b. Legal factors
c Ethical factors
d Demographic factors

11 These are the factors that will serve at an entrepreneur a gaide on how to be ethical in running the business.

a Political factors
b. Legal factors
c Ethical factors
d Demographic factors

12 These are government laws and regulations that can restrict or all business activities

a. Political factors
b. Legal factors
c Ethical factors
d Demographic factors

13 These are the characteristics of the people in the target market

a Political factors
b. Legal factors
c Ethical factors
d. Demographic factors

14 Refers to the entrepreneurs tolerance of business ruks

a Time
B Factors
c. Innovation
d Risk Appetite

15 The process of positively improving an existing product or service

a Time
b .Factors
c. Innovation
d. Risk Appetite

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