Which of the Following Is an Accurate Statement in the Context

question 96

Multiple Choice

Which of the following is an accurate statement in the context of CSFs that help to identify the businesses that are more likely to survive?

• A) Businesses starting with no start-up capital are least likely to survive long term.
• B) Bootstrap entrepreneurs,who start with nothing,are most likely to keep overhead costs high.
• C) The strongest benchmark is to have proven the business idea through sales-in a pilot test,or through contracts,and orders.
• D) Pursuing an imitator strategy shows lower learning from the mistakes of pioneers.

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Definitions:

SBU

Strategic Business Unit; a semi-autonomous segment of a larger business or organization that operates as an independent entity.

BCG Business Portfolio

A matrix developed by the Boston Consulting Group that helps companies analyze their business units or product lines based on market growth rate and market share.

SBUs

Strategic Business Units, which are divisions or units within a company that focus on specific market segments or product lines, operating with their own planning and profit goals.

Growth-Share Matrix

A strategic business tool used to visually assess a company's product portfolio across growth potential and market share dimensions.