Principles of Management
OER 2019 Edition Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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In order to succeed entrepreneurs must be able to recognize and respond to rapidly changing global picture through monitoring and scanning of external environmental forces that offer opportunities and threaten their enterprise existence. Briefly exam the six forces that entrepreneurs may respond to in external environment using appropriate model? What is the implication of these forces on the business plan development of an entrepreneur?
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