ObjectiveMcq
Print Protected
This page is protected for print. Use the website to view the content.
Which of the following is not a fundamental feature of the entrepreneurial approach to strategic decision-making?
Correct Answer: C — Centralization of decision-making power
The correct answer is C: Centralization of decision-making power.
Entrepreneurial decision-making typically involves decentralization, where decision-making is distributed across teams to foster creativity and innovation. Centralization limits the ability to rapidly respond to opportunities and market changes, which is contrary to the entrepreneurial approach that thrives on flexibility and collaboration.