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  • 3.02 Stages of The Entrepreneurial Process

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    Pragyan Mohanty
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    The document lists various business activities and asks the reader to match each one to a stage of the entrepreneurial process, which includes discovery, concept development, resourcing, actualization, and harvesting. Some example matches given are conducting market research and studying trends to the discovery stage, writing a business plan and selecting a business location to concept development, applying for loans and listing potential investors to resourcing, and conducting a grand opening and daily business activities to actualization.

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    The document lists various business activities and asks the reader to match each one to a stage of the entrepreneurial process, which includes discovery, concept development, resourcing, actualization, and harvesting. Some example matches given are conducting market research and studying trends to the discovery stage, writing a business plan and selecting a business location to concept development, applying for loans and listing potential investors to resourcing, and conducting a grand opening and daily business activities to actualization.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    36 views1 page

    3.02 Stages of The Entrepreneurial Process

    Uploaded by

    Pragyan Mohanty
    The document lists various business activities and asks the reader to match each one to a stage of the entrepreneurial process, which includes discovery, concept development, resourcing, actualization, and harvesting. Some example matches given are conducting market research and studying trends to the discovery stage, writing a business plan and selecting a business location to concept development, applying for loans and listing potential investors to resourcing, and conducting a grand opening and daily business activities to actualization.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    3.

    02 Stages of the Entrepreneurial Process


    Complete the chart below by indicating what stage of the entrepreneurial process each activity exemplifies. The stages are Discovery, Concept Development, Resourcing, Actualization, and Harvesting. Activity Issuing an Initial Public Offering (IPO) Writing a Business Plan Emailing a Questionnaire Applying for loans to finance the business Conducting a Grand Opening for the business Conducting taste tests at supermarkets Studying market trends Creating a 5-year plan for the business Selecting a location for the business Looking for employees for the business Conducting a demographic study of the business location Listing potential investors for the business Investigating patents for the business idea Applying for a SBA (Small Business Association) Loan Matching your skills with market trends Conducting daily business activities Researching copyright protection for the business idea Picking a location for the business Examining consumer needs Stage of Entrepreneurial Process

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