An Internal New Venture Is the Most Appropriate Strategic Choice

question 41

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) the firm has competencies that can be leveraged.
• D) speed of entry is the most important consideration.
• E) there is strong pressure for quick profitability.

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Definitions:

NOT Function

The NOT Function is a logical operation that inverts the state of its operand; if the input is true, the output is false, and vice versa, commonly used in digital electronics and programming.

Logical Decision

The process of making a choice based on logical conditions or comparisons in programming or digital circuits.

Alternating Current

An electric current that periodically reverses direction, in contrast to direct current (DC) that flows only in one direction.

Direct Current

A type of electrical current where the flow of electric charge is in one direction, commonly used in low voltage applications.