When Frank completed an assessment of his entrepreneurial vision, which stage of the planning process has he completed?

When Frank assessed his entrepreneurial vision, he completed an opportunity analysis. This stage focuses on evaluating potential business ideas, assessing the market landscape, and identifying opportunities that align with the entrepreneur's vision and resources. An opportunity analysis helps in understanding the strengths, weaknesses, possible risks, and overall viability of pursuing certain business ventures. It is a crucial step in the planning process, as it delineates where potential success may lie and guides further strategic decisions regarding how to move forward with the vision.

While other options, such as market analysis, business impact assessment, and financial review, are important components of planning, they serve different purposes. A market analysis typically assesses external market conditions and competitors, a business impact assessment evaluates the broader implications of business initiatives, and a financial review focuses specifically on the financial aspects and implications of business decisions. These analyses come after identifying and assessing the opportunities associated with an entrepreneur's vision.