What term is used to identify a detailed outline

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Question: Small businesses are the lifeblood of the Canadian economy, representing nearly 98% of companies in the country. When COVID-19 hit, these businesses faced unimaginable disruption, forcing entrepreneurs to reflect, pivot and ultimately reinvent to survive in the 'new normal'.

You were having a discussion with Tamar, one of your classmates and she stated that "all small business owners are entrepreneurs."

What do you think of Tamar's statement? Do you agree or not? Why?

What term is used to identify a detailed outline of the proposed business and market, the owner's background, and other sources of funds?

The entrepreneurial has certain charactristics as well as the entrepreneurial process can be described as a journey which is influenced by social, economic, political, and technological etc factors. What are the three key elements in the process?

Reference no: EM133480626

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