Explain how the combination of opportunities,
resources, and entrepreneurs helps determine the
character and strategic direction of an entrepreneurial
firm.
What is the difference between discovery and evaluation
in the process of opportunity recognition? Give
an example of each.
Describe the three characteristics of entrepreneurial
leadership: vision, dedication and drive, and commitment
to excellence.
Briefly describe the three types of entrepreneurial
entry strategies: pioneering, imitative, and adaptive.
Explain why entrepreneurial firms are often in a
strong position to use combination strategies.
What does the term competitive dynamics mean?
Explain the difference between strategic actions and
tactical actions and provide examples of each.
