Which of the Following Statements Is Correct Concerning the Role

question 23

Multiple Choice

Which of the following statements is correct concerning the role of innovation for small businesses?

• A) Fortune magazine reports that 93 percent of company founders indicated that their business turned out to be nothing like their original venture concept.
• B) Studies have shown that small entrepreneurial firms produce 95 percent as many innovations per employee as large firms.
• C) According to Clayton Christensen, 60 percent of all new products end up failing or performing well below expectations.
• D) Small entrepreneurial firms produce twice as many innovations per employee as large firms.

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Definitions:

Homology

Homology refers to the similarity in structure, position, or evolutionary origin of traits among different species, indicating a common ancestral origin.

Homoplasy

The occurrence of similar traits in different species not due to common ancestry, often resulting from convergent evolution or evolutionary reversals.

Descendants

The offspring or later generations stemming from a particular ancestor or ancestral group.

Adaptation

The process by which a species becomes better suited to its environment through genetic changes that promote survival and reproduction.