During Phase _____ of the entrepreneurial process, entrepreneurs do preliminary research to understand any issues they may face in the areas of intellectual property, regulation, or in product development in the case of a technology solution.
A) 1
B) 2
C) 3
D) 4
E) 5

Question

Quizplus · Accepted Answer

Phase 1 of the entrepreneurial process is the "Opportunity Identification" phase, where entrepreneurs conduct preliminary research to understand potential challenges, including intellectual property, regulation, and product development issues.

During Phase _____ of the Entrepreneurial Process, Entrepreneurs Do Preliminary