Discuss the Five Dimensions of Entrepreneurial Orientation

question 57

Essay

Discuss the five dimensions of entrepreneurial orientation.What are the benefits and risks associated with using each of these?

---

Definitions:

Bankruptcy

A legal proceeding involving a person or business that is unable to repay their outstanding debts.

Government Regulation

Laws and rules imposed by government bodies intended to control or govern conduct and ensure compliance within various industries.

Advantage

Refers to a condition or circumstance that puts one in a favorable or superior position relative to competition or a given situation.

Corporation Formation

The legal process of creating a corporation, which involves filing necessary documents with a governmental entity, adhering to laws, and meeting statutory requirements.