Even if it lacks the competencies required to compete in a new business, a company may pursue an internal venturing strategy if the industry it is entering is a(n) ________________ industry.
A) mature
B) declining
C) stagnant
D) growing
E) emerging

Question

Quizplus · Accepted Answer

An emerging industry presents new opportunities and less competition, making it attractive for companies to enter even if they lack certain competencies.

Even If It Lacks the Competencies Required to Compete in a New