The entrepreneurial process starts with ____________ .

Question

Quizplus · Accepted Answer

Exploring the entrepreneurial context is the first step in the entrepreneurial process. This involves identifying potential markets, understanding the competition, and assessing the overall feasibility of the venture. Only after this step is completed can the entrepreneur move on to developing the product/service and identifying customers. Starting the venture and conducting applied research come later in the process.

The Entrepreneurial Process Starts with ____________