When It Comes to Choosing Among Different Types of Opportunities

question 90

True/False

When it comes to choosing among different types of opportunities, most firms tend to be production-oriented and usually think first of diversification.

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Definitions:

Top Executives

Individuals who hold the highest management positions in an organization, responsible for overall strategic decisions.

Environmental Constraints

Refers to the physical or legal limitations that impact the operations and decisions of an organization or individual.

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that direct organizational activities toward achieving its goals.

Basic Tasks

Fundamental or primary duties and functions that need to be performed in a job role or project.