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______Is the Ability to Anticipate, Envision, Maintain Flexibility, Think Strategically

question 82

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______is the ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate change that will create a positive future for the organization.


Definitions:

Entrepreneurial Firms

Companies that pursue opportunities, innovation, and value creation, often in the face of risk or uncertainty.

Business Operation

The day-to-day activities and tasks necessary for a company to function and achieve its business objectives.

Life Cycle

Describes the series of phases that a product, organization, or system goes through from initial conception to its eventual decline.

Entrepreneurial Firms

Companies that engage in significant innovations, undertake considerable risk, and aggressively pursue opportunities, typically in a quest to grow.

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