by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: ENTREPRENEURSHIP WHEN TO INCORPORATE This chapter discusses an entrepreneurs timing considerations for when to incorporate her startup venture. I use the terms incorporate and incorporation generally to refer to the decision to form a separate entity...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back to: STRATEGY, ENTREPRENEURSHIP, & INNOVATION What are the Advantages and Disadvantages of Seeking Venture Capital? There are many advantages and disadvantages to pursuing venture capital investment. The disadvantages are such that, if possible, most...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: BUSINESS STRATEGY GE Matrix Definition The GE-McKinsey Matrix is a tool to help prioritize and strategize your business investments among smaller business units. The GE-McKinsey Nine-box matrix functions by providing strategic options on how to get...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: BUSINESS STRATEGY The Over-Fished Ocean strategy is an alternative to red and blue ocean strategies that addresses resource limits and the need to focus on conserving and maximizing resources along the value chain. Resources refers to any of the inputs...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: BUSINESS STRATEGY Strategies used to make decisions regarding the allocation of resources or pursuing an operational strategy are often categorized as stability strategies, expansion (growth) strategies, retrenchment strategies, or combination...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
[cite] Back To: BUSINESS STRATEGY What is strategic planning and management? Remember, strategy entails planning the orientation of company resources and activities toward achieving company goals and objectives. Business strategic management is the art, science, and...
