3) a) Amir is thinking about opening-up his own business of selling branded sneakers. While doing his own market research he found out that there are many different types of competitors that he going to face when he is opening his shoes store. He called you for a quick chat and wanted to know more about the competitors. Provide him the information that he needed including examples to understand better the competitors.

3) b) Differentiate between strong-tie and weak-tie relationships. From which relationships do you think entrepreneurs will likely obtain new business ideas.