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
