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Evaluate the Creation and Discovery contexts of entrepreneurial opportunities. As part of your evaluation, discuss any three (3) firm-level capabilities/strategies that can be used in the effective exploitation of opportunities. [hint: firm-level capabilities may include; marketing/market orientation, collaborations/alliance formation, networking, technological]. Use relevant examples to back up your evaluation appropriately

Essay QuestionEvaluate the Creation and Discovery contexts of entrepreneurial opportunities. As part of your evaluation, discuss any three (3) firm-level capabilities/strategies that can be used in the effective exploitation of opportunities. [hint: firm-level capabilities may include; marketing/market orientation, collaborations/alliance formation, networking, technological]. Use this format for the critical essayFormat of the essay: Definition and explanation of entrepreneurial opportunities Defining and explanation of opportunity creation and discovery with examples Similarities between discovery and creation contexts of entrepreneurial opportunities Differences between discovery and creation contexts of entrepreneurial opportunities Explain opportunity exploitation and give the various forms of exploitation Discuss three (3) strategies and how each one can be linked to or help firms to exploit opportunitiesUse relevant examples to back up your evaluation appropriately