Which of the Following Statements Describes the Term "Innovativeness" as a Dimension

question 19

Multiple Choice

Which of the following statements describes the term "innovativeness" as a dimension of entrepreneurial orientation?

• A) It refers to the tendency to anticipate and act on future needs.
• B) It refers to the tendency to pursue creativity and experimentation.
• C) It tells whether an individual or team of individuals within an organization has the freedom to develop an entrepreneurial idea and then see it through to completion.
• D) It refers to the tendency to intensely and directly challenge competitors.
• E) It refers to the tendency to engage in bold rather than cautious actions.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue. It represents the company's bottom line.

Rising Prices

An economic situation characterized by a general increase in the prices of goods and services.

Dollar-Value LIFO

An inventory valuation method that uses the dollar value of inventory rather than the physical count of goods, adjusting for inflation.

Current Cost

The cost to replace an asset or settle a liability at the current market rate, as opposed to its historical purchase price or book value.