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business support process that accelerates the succesful development of start-up fledging companies by providing entrepreneurs with an array of targeted resources and services |
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typically provides equity financing for start-up and young, rapidly going enterprises |
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private individual who who invests directly in firms and recieves an equity stake in return |
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islands of intapreneurship activity within larger organizations |
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variety of goods and/or services produced by an organization and the number of different markets it serves |
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eliminating divisions and business lines that are unrelated to a firm's core business |
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The Three Basic Levels of Strategy Planning |
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1. corporate level 2. functional level 3. business level |
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Three Basic Types of Decisions |
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1. routine - standard choices 2. adaptive - made in response to unusual problems 3. innovation - based on highly ambiguous problems |
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Three Models for Decision Making |
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1. rational model 2. bounded rationality model 3. political model |
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1. Delphi Technique - questionaires 2. simulation - representation of real systems done by PC 3. scenarios - "what if" questions |
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