Explain the standard business plan process

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1. Pertaining to the healthcare profession, what is entrepreneurship? What would you consider the value of being an entrepreneur?

2. What is meant by the concept of “value creation” relative to being an entrepreneur?

3. Figure 6-1 illustrates the entrepreneurship process model. List and discuss the various elements of this process model.

4. Chapter 6 discusses strategy, plan formation, innovation, and execution. What is meant by these terms, relative to entrepreneurship?

5. Your textbook authors discuss a methodology they coin, “Launch Pad.” Explain in detail what they mean by this concept.

6. Explain the standard business plan process?

7. What is the product management process? Give an example of this concept.

8. What topic or concept did you find most interesting in Chapter 6? Why was this area most interesting to you?

Reference no: EM131031794

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