In the context of the entrepreneurial strategy matrix, most small business ventures are in the lower right quadrant where innovation is low and risk is high.
Answer the following statement true (T) or false (F)
True
In the entrepreneurial strategy matrix, most small business ventures are in the lower right quadrant, where innovation is low and risk is high. They are fairly conventional entries in well-established fields.
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Describe the adoption process as explained by the diffusion theory
What will be an ideal response?
A guestologist ______.
a. Asks guests their opinion of the service experience b. Plans for the expectations of a company’s targeted customers c. Is an experienced guest d. Is someone who interacts with guests during the service experience
Unrealized gains and losses on available-for-sale securities are reported on the income statement
Indicate whether the statement is true or false
Divisional departmentalization ______.
a. organizes departments around the needs of customers b. establishes separate units in each area in which the enterprise does business c. organizes departments around goods or services d. is based on semiautonomous strategic business units