Uncovering business ideas, looking at competitors, and exploring financing options are part of this phase of the entrepreneurial process.
A)identifying competitive advantage
B)exploring business forms
C)researching the venture's feasibility
D)identifying potential opportunities

Question

Quizplus · Accepted Answer

This phase of the entrepreneurial process is the researching and analyzing stage where feasibility of the venture is studied, competition is identified, and financing options are explored. Therefore, option C "researching the venture's feasibility" is the best choice.

Uncovering Business Ideas, Looking at Competitors, and Exploring Financing Options