Question: What does pivoting refer to ? a . refocusing or recreating a start - up if the initial concept turns out to be flawed b

What does pivoting refer to

?

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refocusing or recreating a start

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up if the initial concept turns out to be flawed

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an iterative process to reduce risk in a new venture

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a structured analysis of how a firm plans to create, deliver, and capture value, focusing on the financial outcomes of strategic decisions and activities that will determine profits and cash flows

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an oral presentation of the business plan to investors, intended to spark their interest

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