The Savvy Entrepreneurial Firm feature in Chapter 14 focuses on SwitchFlops, a company that produces sandals with interchangeable straps. The primary takeaway from the feature is that savvy growth-minded startups ________.
A) utilize both internal and external growth strategies
B) emphasize internal rather than external growth strategies
C) emphasize international growth strategies from their inception
D) configure their products and services in ways that have built-in growth potential
E) compete on the basis of quality rather than price

Question

Quizplus · Accepted Answer

The primary takeaway from the feature on SwitchFlops is that savvy growth-minded startups configure their products and services in ways that have built-in growth potential, which is evident in the interchangeable strap feature in SwitchFlops. The feature doesn't mention any emphasis on internal or external growth strategies, international growth, or competition on the basis of quality or price.

The Savvy Entrepreneurial Firm Feature in Chapter 14 Focuses on SwitchFlops