Which of the following statements is most logical?
A) A new product always results in being profitable.
B) A new product always results in a loss for the inventing company.
C) If an entrepreneur cannot protect his or her intellectual property related to a new product, then the entrepreneurial firm does not have an advantage in being better than established firms in product development.
D) Entrepreneurial firms are generally more efficient than are established firms.
E) Entrepreneurial firms are generally better at marketing than are established firms.

Question

Quizplus · Accepted Answer

This statement is logical because if an entrepreneur cannot protect their intellectual property, then they may not have a competitive advantage over established firms. This could lead to difficulties in developing and marketing the new product, potentially resulting in a lack of profitability. The other statements are too extreme and do not always hold true in practice.

Which of the Following Statements Is Most Logical