Which of the Following Is the Correct Sequence for the Four

question 30

Multiple Choice

Which of the following is the correct sequence for the four steps in the entrepreneurial process?

• A) deciding to become an entrepreneur, developing successful business ideas, moving from an idea to an entrepreneurial firm, managing the growing entrepreneurial firm
• B) developing successful business ideas, deciding to become an entrepreneur, moving from an idea to an entrepreneurial firm, managing and growing the entrepreneurial firm
• C) developing successful business ideas, moving from an idea to an entrepreneurial firm, deciding to become an entrepreneur, managing and growing the entrepreneurial firm
• D) deciding to become an entrepreneur, moving from an idea to an entrepreneurial firm, developing successful business ideas, managing and growing the entrepreneurial firm
• E) managing and growing the entrepreneurial firm, developing successful business ideas, deciding to become an entrepreneur, moving from an idea to an entrepreneurial firm

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Definitions:

Norms of Society

The unwritten rules and expectations that regulate the behavior of individuals within a group or society, contributing to social order and cohesion.

Collective Action

The action taken together by a group of people with the aim of achieving a common objective.

Lynch Mobs

Groups of people who take the law into their own hands to punish an alleged criminal, typically without a legal trial.

Nonroutine Collective Actions

Unplanned, spontaneous group actions that emerge in response to unforeseen events or crises, diverging from established norms or routines.