Question at position 9 Which of the following is one of the four major characteristics associated with a growing entrepreneurial firm?Monotonousness InternationalizationInimitabilityInformality

Question

Question at position 9 Which of the following is one of the four major characteristics associated with a growing entrepreneurial firm?Monotonousness InternationalizationInimitabilityInformality

BlackTom AI · Accepted Answer

The question asks to identify which option among the four is one of the four major characteristics associated with a growing entrepreneurial firm.
Option 1: Monotonousness. This term suggests repetitiveness and lack of variety. In the context of growing entrepreneurial firms, monotony is not considered a defining characteristic; growth typically brings change and adaptability rather than ongoing monotony. Therefore this choice is not correct.
Option 2: Internationalization. Expanding operations beyond local markets is a common phase for growing entrepreneurial firms, but it is more accurately described as a strategic action or capability rather than one of the core, universally cited four major characteristics of growth. It represents a capability that can accompany growth but isn’t typically listed as one of the foundational four characteristics in many frameworks, making this option questionable as the primary correct answer.
Option 3: Inimitability. The idea here is that some aspects of a growing firm’s competitive advantage are hard to imitate by competitors. While inimitability can be a feature of some firms, it is often discussed as a strategic asset or a condition of sustainable advantage, not typically enumerated as one of the four major characteristics of a growing entrepreneurial firm in standard frameworks.
Option 4: Informality. This choice aligns with well-known descriptions of growing entrepreneurial firms, which often operate with informal structures, flexible processes, and adaptive networks as they scale. Informality is frequently cited as a hallmark of early-stage or growing ventures before formalization of procedures and hierarchies occurs, making it a recognized major characteristic in many analyses.
In summary, the other options tend to be either misaligned with the usual core characteristics or refer to strategic states rather than foundational attributes, whereas informality is consistently identified as a major, defining trait during growth phases for entrepreneurial firms.

Question at position 9 Which of the following is one of the four major characteristics associated with a growing entrepreneurial firm?Monotonousness InternationalizationInimitabilityInformality

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