The entrepreneurial process involves:
A)developing opportunities
B)gathering resources
C)managing and building operations
D)developing opportunities, gathering resources, and managing and building operations

Question

Quizplus · Accepted Answer

The entrepreneurial process involves developing opportunities, gathering resources, and managing and building operations. All three stages are crucial for creating and sustaining a successful venture. Developing opportunities involves identifying market needs or problems and creating products or services to address them. Gathering resources includes raising capital, recruiting talent, and acquiring equipment and facilities. Managing and building operations involves developing a strategy, managing finances, and building organizational capabilities. All three stages require creativity, resilience, and an ability to adapt to changing circumstances.

The Entrepreneurial Process Involves