Which of the following is a characteristic of a high-growth venture?
A) It pursues low levels of professionalization.
B) It levels off after operations settle into a consistent,money-making pattern.
C) It aims to achieve growth rates of 25 percent or more a year.
D) Its success is defined by sales of between $100,000 and $1,000,000 annually.

Question

Quizplus · Accepted Answer

A high-growth venture is characterized by pursuing growth rates of 25 percent or more a year. Options A, B, and D are incorrect as they do not reflect the characteristic of high-growth ventures. High-growth ventures also tend to be highly professionalized and have a strong focus on innovation and market disruption.

Which of the Following Is a Characteristic of a High-Growth