When Determining the Feasibility of a Solution, It Is Helpful

question 123

True/False

When determining the feasibility of a solution, it is helpful to examine the model's constraints visually-for example, in a two-dimensional chart-to understand them.

---

Definitions:

Profit Orientation

A business approach focused on maximizing financial gains.

Social Enterprising

Business activities that are primarily focused on meeting social objectives, where profits are often reinvested into social causes.

Timmons Model

A model of entrepreneurship that emphasizes the dynamic balance between the entrepreneur, the opportunity, and the resources needed.

Entrepreneurial Process

The journey of identifying a business opportunity, resources acquisition, and the management of growing the business venture.