An Entrepreneurial Team Consists Of

question 177

Multiple Choice

An entrepreneurial team consists of:

• A)managers with similar skills,abilities,and interests.
• B)experienced managers from different areas of business.
• C)a group of wealthy investors who share a vision for a product.
• D)representatives from management,labour,and the government who work together to solve a company's problems in a creative way.

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Definitions:

Customer Satisfaction

The measure of how products or services supplied by a company meet or surpass customer expectation.

Scale The Business

The process of expanding a company's operations to handle a growing amount of work or sales in an efficient manner.

Marketability

The ability of a product or service to be sold or marketed effectively to consumers.

Convertible Debt

A type of financing option that allows the holder to convert the outstanding debt into equity, typically shares of the issuing company, under specified conditions.