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:

Parallelism

A geometric condition where surfaces or lines are equidistant at every point, typically referenced in engineering to describe alignment accuracy.

Concentricity

The characteristic of two or more forms sharing a common center, axis, or curve, often critical for mechanical parts that rotate.

Overall Flatness

Overall flatness refers to the degree to which a surface conforms to a perfectly flat plane, often specified in manufacturing to ensure parts meet strict flatness criteria.

Symbol

A sign, shape, or object that is used to represent an idea, object, or relationship.