INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Future
|
|
|
Current
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -A strategy is aimed at the future, concerns the long term and involves different facets of an organisation.
Detailed explanation-2: -Is strategy still relevant? The answer is: yes it is. If strategy is about the future and about anticipating and shaping tomorrow to achieve managerial and organizational goals, why is it that a leading consulting company has the audacity to raise this issue publicly?
Detailed explanation-3: -2. Strategy Implementation. After a strategy is formulated, the company needs to establish specific targets or goals related to putting the strategy into action, and allocate resources for the strategy’s execution.
Detailed explanation-4: -Strategic Futuring is a vision-centered planning process that is customized, creative, flexible and especially focused on strengths, opportunities, capacities, visions and dreams.