Which Term Describes Creating and Maintaining the Innovation and Flexibility

question 71

Multiple Choice

Which term describes creating and maintaining the innovation and flexibility of a small business environment within the confines of a large,bureaucratic structure?

• A) Basic structuring
• B) Process organization
• C) Intrapreneuring
• D) Extrapolating
• E) Product innovation

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Definitions:

Optimistic Sales Budget

A sales budget that is prepared with the expectation of achieving the best-case scenario in sales volume and revenue.

Excessive Inventories

Situation where a company holds a larger quantity of inventory than necessary, which can tie up capital and increase holding costs.

Financial Planning Models

Tools or software used for forecasting a business's financial performance, evaluating business strategies, and planning for future financial actions.

Sales Forecast

An estimate of the amount of revenue that a company expects to generate from the sale of goods or services in a future period.