Should price wars that drive small businesses or new entrants out of business be illegal?

Describe the three characteristics of entrepreneurial leadership: vision, dedication and drive, and commitment to excellence. Reflect on your personal leadership style and share with the class your reactions/affinities to any of these -if not, explain why not.

2)Imitation strategies are based on the idea of copying another firm’s idea and using it for your own purposes. Is this unethical or simply a smart business practice? Discuss the ethical implications of this practice (if any).

3) Last week we discussed the concept of a Joint Venture (JV). Consider the following: Intense competition such as price wars are an accepted practice in the United States, but cooperation between companies has legal ramifications because of antitrust laws. Should price wars that drive small businesses or new entrants out of business be illegal? What ethical considerations arise, if any?

4) Review any of the video links posted in any of the previous weeks; select one and post the ‘most’ salient strategic lesson you extract and what ‘leadership’ tip that you draw from the selected video

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