Karen Stemler, CEO of the parent company of Hamburgers-To-Go, the largest fast food franchise in the world, has approved an expenditure of $1.5 million to develop a software app for remote custom "design" and ordering of burgers. According to the entrepreneurial strategy matrix, Karen's software app venture can be described as
A) low innovation/high risk.
B) low innovation/low risk.
C) high innovation/low risk.
D) high innovation/high risk.
E) high innovation/no risk.
Correct Answer:
Verified
Q96: "There are many good reasons why you
Q97: In building support for your idea, you
Q98: Sabrina, Vice President of Development for a
Q99: If a company is striking fast to
Q100: Personalized medicine separates people into different groups,
Q102: Julie Raymond has conducted an opportunity analysis
Q103: Describe some of the characteristics that make
Q104: Discuss how an entrepreneur decides on an
Q105: What are the five business models that
Q106: Describe the major management challenges associated with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents