The last three traditional steps of an entrepreneurship process include which of the following? 1.think of an idea
2)get financing
3)find space, build a prototype, hire people to do market research
4)bring your product/service to market
5)manage the business
6)plan an exit
A)2, 3, 4
B)2, 4, 5
C)4, 5, 6
D)1, 3, 4

Question

Quizplus · Accepted Answer

The last three traditional steps of entrepreneurship process are to bring the product or service to the market, manage the business, and plan an exit. Option A is incorrect because getting financing, finding space, building a prototype, and hiring people to do market research are not the last three steps. Similarly, option B is incorrect because managing the business is not one of the last three steps. Option D is incorrect because thinking of an idea is the first step, not the last three steps. Thus, the correct answer is C.

The Last Three Traditional Steps of an Entrepreneurship Process Include