Identify a Characteristic of the Financial Mind-Set for Enterprising

question 9

Multiple Choice

Identify a characteristic of the financial mind-set for enterprising.

• A) Allocating disproportionate resources to new business opportunities
• B) Adopting an "undo the competitor" market posture typically
• C) Assuming that a percentage of the business will become obsolete
• D) Seeking new opportunities beyond the core (legacy)business

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Definitions:

Corporate Public Affairs

A strategic management function that helps a company communicate with stakeholders and manage its external environment.

Government Relations

Government relations entail the strategic management of interactions and communications between an organization and governmental bodies, aimed at influencing public policy and regulations to support the organization's goals.

Lobbying

A process where individuals, groups, or organizations attempt to influence governmental policies, laws, or decisions in their favor.

Public Affairs Professionals

Individuals engaged in managing and influencing public policy and opinion, typically within the context of governments, NGOs, or corporations.