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Explain What Is Meant by the Term "Entrepreneurial Orientation" or EO

question 42

Essay

Explain what is meant by the term "entrepreneurial orientation" or EO.


Definitions:

Breach of Fiduciary Duty

Occurs when an individual in a trusted position fails to act in the best interests of another party whom he or she has a duty to.

Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often the corporation's executives or directors, claiming breach of duty.

Treasury Stock

Shares that were issued and later reacquired by the issuing company, held in the company's treasury and not actively traded.

Authorized Shares

The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.

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