In Smaller Entrepreneurial Firms and Even in More Adaptive Larger

question 108

Multiple Choice

In smaller entrepreneurial firms and even in more adaptive larger firms, managers

• A) are no longer utilized.
• B) rely more heavily on technical skills.
• C) focus primarily on hierarchy.
• D) have strategic, tactical, and operational responsibilities.
• E) focus on internal operations only.

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Definitions:

SWOT Analysis

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats related to competition or project planning.

Strategic Plans

A blueprint designed to guide an organization towards achieving its long-term goals and objectives.

Revenue Analysis

The process of reviewing and analyzing a company's income from its operations to understand the sources of its income and how it is generated.

Internal Weaknesses

Flaws or limitations within an organization that can impede its effectiveness or competitiveness.