Entrepreneurial strategy

The set of decisions, actions and reactions that first genrate and the expoliat over time a new stragetgy is called Entraprenurial________

• process

• strategy

• decision

• lifecycle

Resources must be Rare, valuable and_________

Negative outcomes from acting on the perceived opportunity is called______

• Error of commission

• Error of omission

• trade-off

• window of opportunity

- Focus on which customer groups to serve and how to serve them

• Imitation strategies

• Exploitations strategies

• Marketing strategies

• Market scope strategies

Difficulty in estimating the potential size of the market, how fast it will grow, and the key dimensions along which it will grow is called_____ uncertanity.