The entrepreneurial strategy matrix measures: risk and innovation. In the entrepreneurial strategy matrix, the probability of a major financial loss is categorized as. a risk. In the entrepreneurial strategy matrix, the creation of something new and different is categorized as. an innovation.
A "SWOT" analysis refers to analyzing strengths, weaknesses, opportunities, and threats. true. The "best" strategic plan will be influenced by the abilities of the entrepreneur, the complexity of the venture, and the nature of the industry. true. Participation by subordinates in a strategic plan is never appropriate.