1.Conduct research to identify key reasons that led to the failure of many local businesses (e.g., restaurants, coffeeshops, boutiques, etc.) during the pandemic. What entrepreneurial lessons might have saved them? In your discussion, include a few “what-not-to-do” items.
- (a) Carefully study Henry Mintzberg’s concept of “Deliberate and Emergent Strategies.” Describe your understanding of each type of strategy. (b) Does a business plan feed the deliberate type? If so, would it be reasonable to conclude that, considering its rigid structure, a business plan on its own may not effectively serve an entrepreneur? How is it possible to feed the emergent dimension? Please present a technical analysis.
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