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.