Scanning and evaluating the competitive environment would take place in which of the distinct phases of the entrepreneurial process?
A) identification and evaluation of the opportunity
B) development of the business plan
C) determination of the required resources
D) integration of the operational plan
E) management of the resulting enterprise

Question

Quizplus · Accepted Answer

Scanning and evaluating the competitive environment is part of identifying and evaluating the opportunity, as it involves understanding the market and competition to assess the viability of the business idea.

Scanning and Evaluating the Competitive Environment Would Take Place in Which