As described in the text, the first phase of the entrepreneurial process is __________.
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

The first phase of the entrepreneurial process is the identification and evaluation of the opportunity, which involves recognizing a potential business idea and assessing its viability.

As Described in the Text, the First Phase of the Entrepreneurial