Cody Rodgers is the founder of a company named Extreme Sports Apparel. The company makes apparel products for extreme sports enthusiasts such as rock climbers, triathletes, skateboarders, and BMX bikers.
Cody wants his company to pursue a high level of corporate entrepreneurship. To achieve that goal, Cody's firm should be ________.
A) innovative, risk averse, and take a wait and see posture
B) taking a wait and see posture, innovative, and risk taking
C) proactive, not innovative, and risk taking
D) taking a wait and see posture, not innovative, and risk averse
E) proactive, innovative, and risk taking
Question 2
Which of the following statements regarding survival rates of entrepreneurial firms in the United States is correct?
A) As high as 50 percent after four years
B) As high as 60 percent after four years
C) As high as 70 percent after four years
D) As high as 80 percent after four years
E) As high as 90 percent after four years
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