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Question: 1,200-1,500 words

Complete the following for this assignment:

1. Define entrepreneurship, and cite your definition.

• Explain how entrepreneurs are likely to face extreme situations while working on their ventures.

2. Describe the process perspective of entrepreneurship, and explain how entrepreneurial ventures change across time.

• Discuss the 3 phases of the process.

3. Use specific examples from the text and other resources.

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