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Analyzing the Internal Environment Enables a Firm to Determine What

question 108

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Analyzing the internal environment enables a firm to determine what it can do by identifying resources, capabilities, and core competencies in the internal organization.


Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business venture.

Startup

A young company founded to develop a unique product or service, bring it to market, and make it scalable, often characterized by innovation and rapid growth.

Grit

A character trait characterized by perseverance and passion for achieving long-term goals, often associated with resilience and determination.

Excellence

The quality of being outstanding or extremely good in performance, practice, or service.

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