The following example of networking represents which type of activity: In an entrepreneurial setting, you might be: renewing contact with a old school friend, now working in a finance house, to provide advice or support for the venture; converting an informal contact made while on holiday into a potential client; or building a much closer relationship with a supplier, which may lead to a formal alliance or merger.

Related MCQs

• Entrepreneurial opportunities are a particular type of opportunity, which could lead you to create a self-sustaining venture.
• What are the main differences between marketing in a 'corporate setting' and an 'entrepreneurial' one?
• One of the differences between marketing in a corporate setting and an entrepreneurial one is the reliance by the entrepreneur on personal credibility and skills in persuasive communication.
• The initial stages of the entrepreneurial process are generating new business ideas (i.e. creativity and innovation) and recognizing opportunities that have the potential for exploitation (i.e. evaluation and selection).
• The goals motivating entrepreneurial activity can include which of the following options:
• The activity which occurs when the new venture is started is called:
• Which of the following questions might give you insight into an applicant's career goals?
• What are the two key issues that arise when you create an effective entrepreneurial team from scratch?
• ______ refers to setting the price for an item relatively low and then charging much higher prices for the expendables it uses.
• In regards to the differences between the entrepreneurial and administrative focuses which of the following is correct?