Answer to Question #188516 in Economics for Beauty Magadlela

Question

Technology forms an important part of almost any business in the modern business world . During the entrepreneurial process , many business will need to determine if the technology they require for their business exists and if they can get access to such technology . During which phase of the entrepreneurial process will this decision be made ?

1 Deciding to become an entrepreneur

2 Assessment of opportunities and ideas

3 Access to resources

4 Compiling a business plan

Answer 1

The decision if the technology they require for their business exists and if they can get access to such technology has to be made during the following phase:

2. Assessment of opportunities and ideas.