Smart Entrepreneurs Check the Likelihood for Success of Their Idea

question 49

Multiple Choice

Smart entrepreneurs check the likelihood for success of their idea through feasibility analyses or customer development processes,repeating these until they have a winning and saleable idea.This is done during the ______ step of the entrepreneurial process.

• A) Plan
• B) Do
• C) Check
• D) Feel

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Definitions:

Acronym

A word formed from the initial letters of other words, used for brevity in writing and speaking.

Abbreviation

The shortened form of a word or phrase.

Misinterpreted

To understand or interpret incorrectly; to draw the wrong conclusion from.

Abbreviation

A shortened form of a word or phrase used to simplify communication.