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List and Discuss Each of the Five Major Phases of the Entrepreneurship

question 23

Essay

List and discuss each of the five major phases of the entrepreneurship process.


Definitions:

Pre-tax Cost

The expense associated with an investment or action before the effects of taxes are taken into account.

Pay Interest

The act of compensating a lender for the use of borrowed money, usually determined as a percentage of the principal loan amount.

Market Price

The rate in the market at which an asset or service can be bought or sold today.

Debt-equity Ratio

A financial metric assessing a corporation's leverage, obtained by dividing all liabilities by the equity held by shareholders.

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