In relation to entrepreneurship, explain the following terms: i) Window of opportunity ii) Forced associations iii) Civic entrepreneurship

      

In relation to entrepreneurship, explain the following terms:
i) Window of opportunity
ii) Forced associations
iii) Civic entrepreneurship

  

Answers


Martin
i) Window of opportunity

A window of opportunity is a short time period during which an otherwise unattainable opportunity exists. After the window of opportunity closes, the opportunity ceases to exist. Since good deals on real estate, business offers, etc. do not exist forever, the window of opportunity is the ideal time to act.

ii) Forced associations

Forced Association is a powerful creative technique in which a series of random words are forced info association with the topic under investigation. These artificially paired words are then considered for creative possibilities.

iii) Civic entrepreneurship

Civil entrepreneurship is the recognition of a social problem and the uses of entrepreneurial principles to organize create and manage a social venture to achieve a desired social change. While a business entrepreneur typically measures performance in profit and return, a social entrepreneur also measures positive returns to society. Thus, the main aim of social entrepreneurship is to further broaden social, cultural, and environmental goals. Social entrepreneurs are commonly associated with the voluntary and not-for-profit sectors, but this need not preclude making a profit.

marto answered the question on January 30, 2019 at 07:44


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