In the Entrepreneurial Strategy Matrix, the Probability of a Major

question 26

Multiple Choice

In the entrepreneurial strategy matrix, the probability of a major financial loss is categorized as

• A) an innovation.
• B) a risk.
• C) a time lag.
• D) a psychological commitment.

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Definitions:

Opiates

A class of drugs derived from opium that are used for pain relief, but can also be addictive.

Illegal Drug

Substance whose production, sale, or possession is prohibited by law.

Judgment

The ability to make considered decisions or come to sensible conclusions.

Coordination

The organization of different elements or activities to ensure effective working together to achieve a common purpose or outcome.