Cambridge Counseling will have no services that are particularly distinctive compared with competitors in this well-established field,and the business will require a sizable investment.Which part of the entrepreneurial strategy matrix would they be located in?
A)Top-left quadrant
B)Top-right quadrant
C)Bottom-left and top-left quadrant
D)Bottom right quadrant
E)Bottom-right and top-left quadrant

Question

Quizplus · Accepted Answer

Cambridge Counseling is not offering any unique services, therefore they would be located in the bottom-right quadrant of the entrepreneurial strategy matrix where the focus is on efficient operations and cost cutting. Additionally, since a sizable investment is required, they may also be in the top-left quadrant where the focus is on innovation and high risk/high reward strategies. However, without unique services, it is unlikely they would be successful in the top-left quadrant.

Cambridge Counseling Will Have No Services That Are Particularly Distinctive