John Keeler Is a Prospective Entrepreneur Who Has Just Presented

question 26

Multiple Choice

John Keeler is a prospective entrepreneur who has just presented his business plan to a venture capitalist, enthusiastically pointing out the unique features of a new invention he is promoting. The most likely question in the venture capitalist's mind is:

• A) How strong is the patent protection?
• B) How costly will it be to produce the product?
• C) What is the demand for the product?
• D) What management skills does this venture have?

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Definitions:

Structural Aspects

The elements related to the physical or organizational framework of a system, organization, or structure.

Abandon

To leave something behind or give up on it completely without any intention of returning or continuing.

Behaviourism

A behavioral science method focusing on the examination of behaviors that can be seen and the environmental factors that influence them.

Rise of Animal Research

The historical increase in the use of animals for scientific research to understand human diseases, behaviors, and biology.