When a Large and Established Firm Gets into a New

question 161

True/False

When a large and established firm gets into a new line of business, the new innovative unit often requires formalization.

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Definitions:

Independent Kinds

Distinct categories or types of entities that exist autonomously and are not dependent on other categories for their definition or identification.

IQ Tests

Standardized assessments designed to measure human intelligence and cognitive abilities compared to an age-based standard.

Traditional

Adhering to or denoting longstanding customs, beliefs, or practices typically passed down through generations.

Measure

A method or standard for assessing the size, quantity, or degree of something.