Question

Technology forms an important part of almost any business in the modern business world. During 

the entrepreneurial process, many businesses 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

This decision has to be made during the following phase:

2. Assessment of opportunities and ideas