An overall strategic approach in which the entrepreneur does more or less what others are already doing refers to a(n):
A. radical innovation strategy.
B. imitative strategy.
C. innovative strategy.
D. incremental strategy.
Answer: B
You might also like to view...
______ is an organization of 189 countries with the primary purpose of working to keep the international monetary system relatively stable.
a. IMF b. WTO c. TPP d. EU
Give two examples of product bundle pricing
What will be an ideal response?
Expected commitments from other departments in support of the project would most likely be detailed in the:
A) Approach section of the SOW. B) Risks and concerns section of the SOW. C) Acceptance criteria section of the SOW. D) Resource requirements section of the SOW.
A convenience store owner is contemplating putting a large neon sign over his store. It would cost $50,000, but is expected to bring an additional $24,000 of profit to the store every year for five years
Would this project be worthwhile if evaluated using a payback period of two years or less and if the cost of capital is 10%? A) Yes, since it will pay back its initial investment in two years. B) Yes, since the value of the cash flows into the store, in present dollars, are greater than the initial investment. C) Yes, since the cash flows after two years are greater than the initial investment. D) No, since the value of the cash flows over the first two years are less than the initial investment.