Small Business Management
which of the following are components of the entrepreneurial ecosystem
universities mentors government agencies
summer 2022
Environment
The external environment
Consist of the forces institutions and people i.e. The rest of the world outside the boundary of the firm
The external environment
Consist of the forces,institutions, and people (i.e., the rest of the world) outside the boundary of a firm.
The _____________ consists of people and groups within the boundary of a firm, including the owners, managers, employees, and board members of the firm.
Internal environment
The ___________ environment is made up of those components that a firm deals with directly such as customers, suppliers, consultants, media, and interest groups.
Task
The blank sector of the general environment includes innovation invention and modernization
Technological
The environment is
The sum of all the forces outside the firm or entrepreneur.
___________ are publications that target specific industries and professions
Trade Magazines
The blank sector of the general environment includes the trends and current conditions of the overall market for goods and services thit's in services the availability of equity and credit and employment
economic
The ____________ environment consists of the forces, institutions, and people (i.e., the rest of the world) outside the boundary of a firm
external
The general environment is part of the external environment and
is made up of sectors of major forces that shape the people and institutions of the task and internal environments.
The task environment
is made up of those components that a firm deals with directly such as customers, suppliers, consultants, media, and interest groups
Trade magazines are an important source for information concerning industry trends and other external environmental factors
true
The internal environment
consists of people and groups within the boundary of a firm, including the owners, managers, employees, and board members of the firm
The entrepreneurial ____________ is the specific configuration of the environment that reflects the components that are most central to developing a strong and active community of start-up business.
ecosystem