Small Businesses Differ from High-Growth Ventures in That in Small

question 54

Multiple Choice

Small businesses differ from high-growth ventures in that in small businesses:

• A) the focus is on effectiveness rather than efficiency.
• B) the preferred source of funding is the owner's own money rather than other people's money.
• C) the delegation of responsibilities is easy and necessary rather than difficult.
• D) the metastrategy is for novelty rather than imitation.

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Definitions:

Execution Time

The total time required for a computer program or specific block of code to complete execution.

Multiple Inheritance

A feature of some object-oriented programming languages in which a class can inherit behaviors and attributes from more than one parent class.

Polymorphic Reference

A reference variable in object-oriented programming that can refer to objects of different classes at different times during the execution of a program.

Subclasses

Subclasses are classes that inherit properties and behaviors from a superclass and can also have additional properties or methods.