An Internal New Venture Is the Most Appropriate Strategic Choice

question 66

Multiple Choice

An internal new venture is the most appropriate strategic choice when

• A) an industry is mature.
• B) the firm will enter on a small scale.
• C) there is strong pressure for quick profitability.
• D) speed of entry is the most important consideration.
• E) a firm has competencies that can be leveraged.

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Definitions:

Sample Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values in a sample.

Delivery Time

The amount of time it takes for goods to be delivered to a customer from the moment of order or dispatch.

Required Condition

A required condition refers to a necessary criterion or prerequisite that must be met for a certain process, analysis, or action to be valid or to occur.

Significance Level

The threshold below which a p-value indicates that the observed data are sufficiently unlikely under a null hypothesis, leading to its rejection.