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Asked by Avelina Milam on May 30, 2024

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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.
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ZK
Zybrea KnightJun 02, 2024
Final Answer :
A
Explanation :
Activities such as establishing the business, acquiring customers, and securing financing are characteristic of the birth or startup stage in the life cycle of entrepreneurial organizations. This phase is crucial for laying the foundation and setting the direction for future growth.

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