Read the Enterprise Creation Lessons 2, 6, and 10—reading and videosOnce you’ve read the material, answer the following questions in a Word document. Compare the differences between an entrepreneur’s purpose, passion, and perseverance and why they each are important.Explain the purposes that a business plan has in the creation of a new venture.Describe at least five aspects to consider in determining the appropriate legal structure of a new venture.

"The solution has been provided in a generalized Manner." 1. Entrepreneur's purpose refers to the…

Answered: Read the Enterprise Creation Lessons 2,…

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Once you’ve read the material, answer the following questions in a Word document.

Compare the differences between an entrepreneur’s purpose, passion, and perseverance and why they each are important.
Explain the purposes that a business plan has in the creation of a new venture.
Describe at least five aspects to consider in determining the appropriate legal structure of a new venture.

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