What is entrepreneurship, and what are entrepreneurial opportunities? Why are they important for all aspects of the strategic management process?
Answer to relevant QuestionsWhat are the elements of the strategic management process? How are they interrelated? What is the external environmental analysis process (four parts)? What does the firm want to learn when using this process? What are invention, innovation, and imitation? How are these concepts interrelated? How does a firm acquire other companies to increase the number of innovations it produces and improve its capability to produce innovations? Should Sara Blakely pursue international entrepreneurship? Why or why not? What concerns might she have?
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