Examlex
The author of the textbook describes the various climates of the world using a
Timmons Model
A model of entrepreneurship that emphasizes the importance of opportunity, team, and resources, and how they are balanced and fit together.
Entrepreneurial Process
The sequence of steps and stages that an individual or team undergoes in launching and establishing a new business venture, from conception to realization.
Balancing Act
The effort to maintain stability between different forces, demands, or aspects in a situation.
Sustainable Venture
A business endeavor designed to operate while keeping environmental, social, and financial viability in mind, ensuring long-term resilience and success.
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