Miss the opportunity of entrepreneurship

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Reference no: EM132097304

“It is only the person who is prepared to run risks that can claim to be entrepreneurs. Sadly, many people starting businesses are not and in so doing they miss the opportunity of entrepreneurship.” Do you agree? Explain your response. Are profits a function of the industry itself? How can a start-up avoid or sidestep the pressure applied by one of the five forces on industry profitability by establishing a unique “position” in an industry?

Reference no: EM132097304

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