According to the Text,which of the Following Is Not One

question 24

Multiple Choice

According to the text,which of the following is not one of the reasons why innovations seem to occur more often in small firms rather than in large,established corporations?

• A) An entrepreneur in a small firm is more willing to accept greater risk than would a larger firm.
• B) Small firms are completely ignorant of risk management.
• C) The greater the assets involved and the longer they are tied up, the more likely top management in large firms are to demand a high probability of success.
• D) Companies operating in global industries must deal with a greater amount of risk than firms operating only in one country.
• E) If the corporation's stock is widely held as in the case of large firms and experiences stock price declines due to some external assessment, it places the firm in jeopardy of being acquired.

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Definitions:

Strategic Plan

A plan that identifies long-term directions for the organization.

Implement

To put into effect or action a plan, idea, or policy.

Long-Range Plan

A detailed roadmap designed by an organization to guide its direction, actions, and decisions over a period of years, focusing on achieving strategic goals.

Functional Plan

A strategic action plan for a specific department focusing on its unique objectives and methods.