Scenario 2-2. Harry Homer and Jenny Juno are two people extremely interested in establishing a small business. Harry is interested in marketing his newly developed product, which increases the speed by which data are transferred through phone lines. He sees great potential for his new product and is willing to devote his life savings and begin this new venture. Jenny is also interested in this product. She too sees a great potential down the road as businesses adapt this new technology. In the future, she can see a major company growing quickly with the ability to go public or merge with a major phone company.
-In Scenario 2-2, which phase is Harry at in the start-up process model?
A) implementation
B) triggering event
C) innovation
D) growth
Correct Answer:
Verified
Q43: Scenario 2-2. Harry Homer and Jenny Juno
Q44: Entrepreneurs recognize an opportunity and start a
Q45: More than 50 percent of business owners
Q46: Environmental factors are the traits possessed by
Q47: Independence and control over their own lives
Q49: A triggering event is a specific event
Q50: Scenario 2-2. Harry Homer and Jenny Juno
Q51: Scenario 2-2. Harry Homer and Jenny Juno
Q52: A small business manager and an entrepreneur
Q53: There is only one factor that could
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents