The external environment comprises all the outside institutions and forces that impact the organisation's ability to achieve its objectives. Select one: True False Oranges and apples stalls in the street corner can be described as formal enterprises. Select one: True False The first stage in setting up a business is the implementation stage. Select one: True False An organisation can be viewed as a resource conversation machine that takes inputs from the internal environment and converts them into useful products. Select one: True False Businesses could only be established in the manufacturing sector. Select one: True False Someone who is not creative or innovative can be described as an entrepreneur. Select one: True False The process in which organisations encourage entrepreneurial characteristics in their managers is known as entrepreneurship. Select one: True False Evaluating or testing a business idea is not important. Select one: True False The ability to develop new ideas and discover new ways of looking at problems and opportunities can best be described as creativity. Select one: True False Entrepreneurs skills are solely hereditary. Select one: True False