Asked by Avelina Milam on May 30, 2024
Verified
Activities that focus on establishing the business, getting customers and finding financing occur in the __________ stage of the life cycle of entrepreneurial organisations.
A) birth
B) decline
C) maturity
D) breakthrough
E) growth
Establishing Business
The process of starting a new company or venture, including planning, making key financial decisions, and completing legal activities required for operation.
Getting Customers
The process of attracting and acquiring individuals or businesses to purchase goods or services.
Finding Financing
The process of securing funds for business operations, investments, or projects.
- Understand the sequences in the evolution of entrepreneurial businesses and the governance difficulties faced at each sequence.
Verified Answer
Learning Objectives
- Understand the sequences in the evolution of entrepreneurial businesses and the governance difficulties faced at each sequence.
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