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- What business potential is for A small size Company, engaged in Halal Food Products, if it is interested to expand its business to Europe and North America.Subject; Entreprenurship Need unique and different business idea model as your own or as it is but you should be able to explain and proof the viability of the business idea in Pakistan.In less than 70 per cent of revenue comes from the dominant business, and there are only limited links between businesses. Select the correct option from the list below to fill the gap near the start of the statement above. Select one: a. related constrained diversification b. related linked diversification C. unrelated diversification d. single businesses
- Explain the meaning of the following terms as used in entrepreneurship. Technopreneurship Intellectual property Corporate entrepreneurship Innovation Idea feasibility assessment b)With reference to any communities of your choice, outline the main social cultural factors that have had a negative impact on growth of entrepreneurship in Kenya. c) All potential entrepreneurs are advised to screen their business ideas even if its first one. Explain with relevant examples the main factors that an entrepreneur should put on focus when screening their business ideas.Outline how strategic alliances can provide options for marketing opportunities and include two examples of alliances (also known as cooperative business models) that can be formed between businesses. Outline how the development of existing products or services can provide marketing opportunity options for a business, both in existing and new markets. Relate your answer to relevant diversification strategies from the Ansoff matrix. Outline how a takeover can create options for marketing opportunities for a business. Outline key information that a franchiser should consider providing when marketing their franchise opportunity. Outline how a company can use the establishment of a new business as an opportunity for marketing. Provide an example to illustrate your answer. Outline two other marketing opportunity options that a business could choose to pursue other than options explored in the questions above. Explain the importance of the product life…Technically, a born-global firm is a new venture that acts to satisfy a global product niche from day one. While various definitions of born-global firms have been proposed, this definition of born-global firms fits best with the entrepreneurship literature. This definition focuses on the creation of new ventures that are international by design and not by slow, steady emergence. Thus, when talking about born globals, the focus is on startup that start operating globally from inception and, therefore, excluding those firms that have progressively expanded domestic activities to include international activities. So within this context, please identify from the following a hallmark characteristic of a born global firm. A) Becoming an international competitor in between 5-7 years. B) From inception, seeks to derive significant competitive advantage from the use of typically knowledge-based resources and the sale of outputs in multiple countries. C)Adopting a global perspective…
- Technically, a born-global firm is a new venture that acts to satisfy a global product niche from day one. While various definitions of born-global firms have been proposed, this definition of born-global firms fits best with the entrepreneurship literature. This definition focuses on the creation of new ventures that are international by design and not by slow, steady emergence. Thus, when talking about born globals, the focus is on startup that start operating globally from inception and, therefore, excluding those firms that have progressively expanded domestic activities to include international activities. So within this context, please identify from the following a hallmark characteristic of a born global firm. Group of answer choices A) Becoming an international competitor in between 5-7 years. B) From inception, seeks to derive significant competitive advantage from the use of typically knowledge-based resources and the sale of outputs in multiple countries.…9) Define entrepreneurs and intrapreneurs, and discuss the relationship between them. What makes them different?In order to succeed entrepreneurs must be able to recognize and respond to rapidly changing global picture through monitoring and scanning of external environmental forces that offer opportunities and threaten their enterprise existence. Briefly exam the six forces that entrepreneurs may respond to in external environment using appropriate model? What is the implication of these forces on the business plan development of an entrepreneur?
- Using Porter's five forces, evaluate whether a firm introducing a pioneering new product into a market automatically gets first mover advantages.Describe the process of Catering to entrepreneurs/ What are its benefits?Not all firms develop innovative new products, but they still seem to survive. From entrepreneurshipperspective, explain why and how such firms do thrive. Discuss in support or dismissal of this assumptionbased on the following factors:a) Global market forces b) Organization skills c) Leadership skillsd) Business revenue model e) Low cost strategies DO NOT COPY FROM THE INTERNET INCLUDING CHEGG