Strategic_ Issues_in_Entrepreneurial_Ventures_and_Small_Businesses

Strategic_ - Strategic Issues in Entrepreneurial Ventures and Small Businesses Entrepreneurial Ventures Small Businesses 99 of all businesses 23

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Strategic Issues in Entrepreneurial Ventures and Small Businesses
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99% of all businesses – 23 million small businesses 60% -80% new jobs annually
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Small business firm – Not dominant in field Not engaged in innovative practices Employs fewer than 500 people and sales of less than $20 million annually
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Entrepreneurial venture – Primary goals profitability and growth Characterized by innovative strategic practices
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Differences – Not in types of goods and services but in Fundamental views on growth and innovation
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Entrepreneur – Ultimate strategist All 3 levels Corporate Business Functional
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Lack of strategic planning in small
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This note was uploaded on 01/20/2012 for the course SM 402 taught by Professor Staff during the Fall '11 term at Ball State.

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Strategic_ - Strategic Issues in Entrepreneurial Ventures and Small Businesses Entrepreneurial Ventures Small Businesses 99 of all businesses 23

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