The Biggest Difference Between Strategy in Existing Firms and New

question 191

Multiple Choice

The biggest difference between strategy in existing firms and new ventures is the ________.

• A) strategy diamond
• B) starting point
• C) ending point
• D) management level

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Definitions:

Social Practices

Patterns of behavior and activities that are structured by society and shared across communities, reflecting social norms, values, and traditions.

Biological Differences

Pertains to the physical and genetic variations between individuals and species.

Minefield

An area planted with explosive mines, typically to prevent enemy passage or to protect a perimeter.

Contested Values

Values or beliefs that are subject to disagreement and debate due to differing cultural, moral, or individual perspectives.