Encouragement of entrepreneurial behavior

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The president of your company has recently announced the need for a greater effort to incorporate innovation and entrepreneurship into organizational strategy, and has asked you to list the requirements necessary for this to happen. You list the following requirements:

Ongoing environmental monitoring
An entrepreneurial climate
Encouragement of entrepreneurial behavior
A strong customer/stakeholder focus

Explain why each of these is important along with your plan for achieving them.

Reference no: EM13864570

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