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what are the dicussion on this statement Entrepreneurial venture meaning: - An entrepreneurial enterprise is an organization that prioritizes innovation and opportunity to get or
what are the dicussion on this statement
Entrepreneurial venture meaning: - An entrepreneurial enterprise is an organization that prioritizes innovation and opportunity to get or generate economic or social value. Options that are suitable for one type of business may be entirely wrong for another type of business. Entrepreneurs must make a staggering of decisions, all of which must be made in their best interests. Whether it's a little printing shop attempting to remain afloat or a catalog retailer aiming for hundreds of millions of dollars in sales, every company wants to succeed. Entrepreneurs should utilise the different-different framework on a regular basis, not just when difficulties arise, to assess the firm's situation and direction. Example: - Suppose there is one big venture and there is one small venture. Both businesses have an option for giving the goods on credit so that their customers can increase. For small businesses giving goods on credit for too long will not be an appropriate option because it has fewer resources as comparedto the large business venture. On the other hand, for a big business venture, this option is appropriate for the long-term because it has huge resources, and this option will provide a good customer base for the big business venture Step by Step Solution
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