In which phase is entrepreneurship most important?

Question

Quizplus · Accepted Answer

Entrepreneurship is most important during the startup process, as this is the phase in which a new business is being created and the entrepreneur is laying the foundation for the business's success. The entrepreneur must identify and evaluate opportunities, develop a business plan, secure funding, and make key strategic decisions that will shape the future of the business. While entrepreneurship remains important throughout the life cycle of the business, the startup process is when it is most essential.

In Which Phase Is Entrepreneurship Most Important