Question

What is the difference between entrepreneurial firms and conservative firms?

Answer 1

Ponits of Differenciation:-

1. The entrepreneural firm's are more proactive than the conservative once, conservative firms followas the strategy of the wait and watch. basically we can say the former is risk take and later is risk avoider

2. The entrepreneuralFirms are more innovative as compared to conservative once.

3. entrepreneural Firms Addpots the Chamge Faster than the conservative once.

4. the entrepreneural have the vision to change whole enviorment while the conservativeare belives in addapting the emviorment and used already established strategies.