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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.
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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