Isidore Security Services Is a National Provider of Guard and Security

question 76

Multiple Choice

Isidore Security Services is a national provider of guard and security services for businesses. It has been in business for over 90 years,having been founded by one of Teddy Roosevelt's Rough Riders (Isidore O'Malley) . Lately it has been losing clients to more aggressive and innovative firms offering remote security monitoring systems instead of a guard-based approach. The board of directors of Isidore Security Services is concerned that this downward trend may threaten the existence of this venerable firm and the jobs of its employees.

• A)This is an example of an established firm neglecting the opportunity-seeking aspect of strategic entrepreneurship.
• B)This example shows the dysfunctional aspects of unrestricted entrepreneurialism.
• C)This is an example of the lack of human capital hampering internal innovation.
• D)Isidore Security Services is suffering from the "novelty effect" wherein new firms are more attractive to clients/customers merely because they are new and not because they add value.

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Definitions:

GEO Satellites

Geostationary Earth Orbit satellites, positioned at approximately 35,786 kilometers above the Earth's equator, moving in the direction of the Earth's rotation, providing consistent coverage to specific areas.

GEO Satellites

Geostationary Earth Orbit satellites that remain in a fixed position relative to the earth, commonly used for telecommunications, weather monitoring, and television broadcasting.

GPS System

A satellite-based navigation system that provides location and time information in all weather conditions, anywhere on or near the Earth.

Mobile

Refers to technologies, devices, or communications that are designed for use while being moved or during mobility.