The First Step in Planning a Strategy of Entrepreneurship for Enterprise

question 23

Multiple Choice

The first step in planning a strategy of entrepreneurship for enterprise is

• A)identifying specific objectives.
• B)sharing the vision of innovation.
• C)applying the exact tools of the entrepreneur.
• D)developing radical innovation.

---

Definitions:

Local Environment

The specific conditions and natural surroundings in which a business or entity operates, including factors like climate, ecology, and community.

Business Enterprises

Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits from their operations.

CICA Handbook

The official guide published by the Canadian Institute of Chartered Accountants detailing accounting standards and practices in Canada.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB).