________ Is the First Step of the Entrepreneurial Process

question 45

Multiple Choice

________ is the first step of the entrepreneurial process.

• A)Opportunity identification
• B)Opportunity evaluation
• C)Risk identification
• D)Opportunity feedback
• E)Risk evaluation

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Definitions:

Ecosystems

A community or group of living organisms that live in and interact with each other in a specific environment.

Societies

Groups of individuals living together in more or less organized communities with shared laws, traditions, and values.

Social Change

The transformation of culture, behavior, social institutions, and social structure over time.

Cyclical Social Change

A pattern of change in society that occurs in a cyclical manner, often seen in economic, cultural, and political contexts.