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45) The third step in the initial (pre-planning) phase of

Question : 45) The third step in the initial (pre-planning) phase of : 1400051

 

 

45) The third step in the initial (pre-planning) phase of the entrepreneurial process is ________.

A) exploring finance options

B) pinpointing potential competitive advantages

C) researching the venture's feasibility

D) identifying potential opportunities

 

46) The fourth step in the initial (pre-planning) phase of the entrepreneurial process is ________.

A) exploring finance options

B) researching the venture's feasibility

C) pinpointing potential competitive advantages

D) identifying potential opportunities

47) During the first step of the planning and organizing phase of an entrepreneurial venture, this is accomplished.

A) selecting a legal business organization form

B) stating a mission

C) selecting an organizational design

D) creating a business plan

 

48) During the second step of the planning and organizing phase of an entrepreneurial venture, an entrepreneur ________.

A) states a mission

B) selects a legal business organization form

C) creates a business plan

D) selects an organizational design

49) During the third step of the planning and organizing phase of an entrepreneurial venture, an entrepreneur ________.

A) selects an organizational design

B) creates a business plan

C) states a mission

D) selects a legal business organization form

 

50) During the fourth and final step of the planning and organizing phase of an entrepreneurial venture, this is accomplished.

A) selecting a legal business organization form

B) stating a mission

C) selecting an organizational design

D) creating a business plan

51) Once an entrepreneurial venture is actually up and running, the entrepreneur switches to a ________ role.

A) managerial

B) ceremonial figurehead

C) background

D) subordinating

 

52) This is the simplest and briefest type of business plan.

A) synopsis-type plan

B) full business plan

C) summary business plan

D) executive summary

 

53) This type of business plan is a step up from the simplest type of business plan.

A) summary business plan

B) executive summary

C) synopsis-type plan

D) full business plan

54) This type of business plan is a step down from the most complete type of business plan.

A) summary business plan

B) full business plan

C) executive summary

D) synopsis-type plan

 

 

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