Which of the Following Is True of a High-Growth Venture

question 13

Multiple Choice

Which of the following is true of a high-growth venture?

• A) It considers sales as more important than marketing.
• B) Its metastrategy is novelty.
• C) It focuses more on efficiency than on effectiveness.
• D) It does not allow for easy delegation of work or responsibilities.

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Definitions:

Stakeholders' Confidence

Stakeholders' confidence refers to the trust and belief shareholders, employees, customers, and other stakeholders have in a company's management and future outlook.

Strategy

A “game plan” that enables a company to attract customers by distinguishing itself from competitors.

Organization Plans

Strategic outlines that guide a company's goals, actions, and resource allocation.

Control Phase

The stage in a project or process where monitoring and adjustments are made to ensure objectives are met efficiently and effectively.