During the first step of the planning phase of an entrepreneurial venture, this is accomplished.
A)selecting a legal business organization form
B)stating a mission
C)selecting an organizational design
D)performing a copyright search

Question

Quizplus · Accepted Answer

During the first step of the planning phase, stating a mission is typically the best choice. This involves defining the purpose of the entrepreneurial venture and what it hopes to achieve. This will guide decision-making and inform other aspects of the planning process. While selecting a legal business organization form and selecting an organizational design are important, they typically come later in the planning process. Performing a copyright search may be necessary for certain types of businesses, but it is not a necessary first step.

During the First Step of the Planning Phase of an Entrepreneurial