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For each historical identification question, define the term and briefly describe its historical significance.
Elizabeth I
Start-Up Process
The sequence of steps that an entrepreneur takes to establish a new business, including idea generation, market research, business model development, and securing funding.
Entrepreneurship
The process of identifying opportunities for which marketable needs exist and assuming the risk of creating an organization to satisfy them.
Customer Base
Refers to the group of customers who repeatedly purchase the goods or services of a business.
Environmental Forces
External factors that influence a business's operations and decision-making, including economic, political, regulatory, technological, and social factors.
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