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