please answe question 3

QUESTION THREE [20] "The entrepreneurial process is one through which a new venture is created by an entrepreneur. This process results from the actions of the entrepreneur in bringing the resources together to form the organisation in order to pursue the opportunity." There are four distinct phases in this process which are: 1. Identify and evaluate the opportunity. 2. Develop the business plan. 3. Determine the resources required; and 4. Start and manage the enterprise. In line with these four distinct phases of entrepreneurial process, you are tasked to exploit a unique business opportunity (bring in your own unique business opportunity in discussion). Discuss and outline how you would implement or apply these four distinct phases of entrepreneurial processes. 5x4