It can be defined as organization’s activities in search of a higher and strong performance through opportunity looking and advantage seeking activities. In this case, we consider ‘The Blue Ocean Strategy applicable in Colorado wines industries’. Both large and small organizations are faced with challenges while undertaking strategic entrepreneurship. For an instance, small and upcoming firms may have the best opportunity seeking ideas and skills; they lack necessary knowledge and awareness about stocks and the power to enter into the market (Wickham and Dawson, 2006). Large firms, in their case are better skilled at establishing a strong competitive Continue reading...