Understanding entrepreneurship - Explain the entrepreneurial process and describe its three key elements
5 important questions on Understanding entrepreneurship - Explain the entrepreneurial process and describe its three key elements
What are the 3 key elements of the entrepreneurial process?
2) The opportunity (involves generating ideas, screening and developing them)
3) Resources
Whether a team is necessary depends upon what two conditions:
- personal competencies.
The identified opportunity something the entrepreneur ca do and wants to do?
- Higher grades + faster learning
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Determine whether the resources needed to capitalize on the opportunity can be acquired?
Once the resource requirements of the venture have been determined, the entrepreneurs assess whether he or she has the capacity is the?
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