What is “competition”? As with strategy, the competition is often loosely defined. When thinking of competition, business owners and managers see it as warfare where businesses are at war with one another trying to win over customers and gain market…
Category: ENT (660)
ENT (660) – Entrepreneurial Strategy
ENT (660) – Week 1 Reflections
What is Strategy? When describing strategy, many inexperienced business owners and entrepreneurs may define it as the plan they intend to use to grow their business, be the best, and outperform the competition. As this response may sound satisfying to…
ENT (660) – Macro Environmental Factors
After reviewing the PEST analysis I did for Sam’s Medical Lab in previous class, I realized that a lot has changed and it needed a revision. I attempted to keep the core the same but added many additional details to…