BUS 433 Discussions Question 1 & 2

Brand new response must be 300 word count each!!! Must follow instruction clearly!! 

Discussions Question 1

Internal Competencies
 
In planning, one component to explore is how an entrepreneurial organization’s internal competencies help to achieve a strategic advantage in the marketplace. In 300 word response, answer the following: What steps/actions would an entrepreneur take to determine whether the entrepreneurial venture has the appropriate internal competencies to achieve competitive advantage?

Discussions Question 2

External Feedback 
 
Select a company and in a 300 word response, identify what you believe are the company’s “listening posts” (key opportunities) for getting feedback from the external environment. Could the company expand its listening posts? How?