The Environment of Entrepreneurial Venture

The FOUR M’s of Production are Manpower, Method, Machine, and Materials.

• TRUE

• FALSE

Is a combination of entrepreneurial concepts ad principles, entrepreneurial skills, and entrepreneurial character traits.

• Competency

• Business Core Competency

It refers to the harmonious coordination of competency in business resources, business structure, and business culture forms.

• Competency

• Business Core Competency

SWOT analysis is a tabular framework of the trends and development in the different forces in the external environment.

• TRUE

• FALSE

PESTEL analysis is a framework for identifying and analyzing an organization's strengths, weaknesses, opportunities and threats.

• TRUE

• FALSE