Even If It Lacks the Competencies Required to Compete in a New

question 18

Multiple Choice

Even if it lacks the competencies required to compete in a new business, a company may pursue an internal venturing strategy if the industry it is entering is a(n) ________________ industry.

• A) mature
• B) declining
• C) stagnant
• D) growing
• E) emerging

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Definitions:

Abnormal Behavior

Behavior that deviates significantly from what is considered typical or normal within a culture or society.

Ability to Function

Refers to the capacity of an individual to perform tasks or roles effectively in day-to-day activities or in a specific context.

Interferes

To obstruct or hinder processes or actions, causing disruption.

Biological Approach

A perspective in psychology that explains behaviors, thoughts, and emotions in terms of biological processes, such as genetics, brain chemistry, and anatomy.