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Explain the entrepreneurial strategies

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Reference no: EM133167549

Design/create a products/business idea using each of the three entrepreneurial strategies:

  • pioneering new entry (developing something totally unique to solve old problems)
  • imitative new entry (if you travel to other states or even other countries, you may see businesses that are successful in other markets that you don't have back at home)
  • adaptive new entry (develops a product/service based on an existing product/service, but which is somewhat new and different)

Reference no: EM133167549

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