An internal new venture is the most appropriate strategic choice when:
A) an industry is mature.
B) the firm will enter on a small scale.
C) the firm has competencies that can be leveraged.
D) speed of entry is the most important consideration.
E) there is strong pressure for quick profitability.

Question

Quizplus · Accepted Answer

An internal new venture is the most appropriate strategic choice when the firm has competencies that can be leveraged. This means that the firm already possesses the necessary resources, skills, and knowledge to succeed in the new venture, giving them a competitive advantage.

An Internal New Venture Is the Most Appropriate Strategic Choice