One of the Distinguishing Differences Between the Two Sources of Internal

question 81

Multiple Choice

One of the distinguishing differences between the two sources of internal corporate venturing (autonomous strategic behavior and induced strategic behavior) is whether the innovation process:

• A) is encouraged through a bottom-up or top-down process.
• B) is encouraged by a product champion or an entrepreneur external to the organization.
• C) relies on internal structure or existing strategy to encourage innovation.
• D) is in a large or small organization.

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Definitions:

Gross Profit Margin

A financial ratio that indicates the percentage of revenue that exceeds the cost of goods sold, highlighting the efficiency in producing and selling products.

Gross Profit Amount

The difference between sales revenue and the cost of goods sold before accounting for other expenses, indicating how efficiently a company uses labor and supplies in production.

Periodic Inventory System

A method of inventory valuation where updates to the inventory account occur at periodic intervals, rather than continuously.

Inventory

The goods and materials a business holds for the purpose of resale or production, reflected as an asset on the balance sheet.