MGT 3060 (MGT3060)
Appalachian State University
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Appalachian State University. MGT 3060. QUESTIONS AND ANSWERS. (GRADED A)
- Exam (elaborations) • 4 pages • 2020
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Ch 3. Entrep.
1. Key success factors are the requirements that any firm must meet to successfully compete in a particular industry. 
2. The knowledge needed to generate innovation cannot be easily learned from a textbook. 
3. Technological uncertainty is eliminated by a superior technology. 
4. If there is a good fit between the venture's bundle of resources and the external environment: the firm will be rewarded with superior performance.
5. An error of commission occurs from the decisio...
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