During the Fourth and Final Step of the Planning and Organizing

question 2

Multiple Choice

During the fourth and final step of the planning and organizing phase of an entrepreneurial venture, this is accomplished.

• A) selecting a legal business organization form
• B) stating a mission
• C) selecting an organizational design
• D) creating a business plan

---

Definitions:

High Self-Efficacy

A belief in one's own ability to succeed in specific situations or accomplish a task.

National Science Foundation

A US government agency that supports fundamental research and education in all the non-medical fields of science and engineering.

Research

The systematic investigation into and study of materials, sources, etc., in order to establish facts and reach new conclusions.

Investment

The allocation of resources, such as capital or time, in the expectation of receiving future benefits such as income or growth.