Vicenzo Is the Sole Owner and Manager of a Startup

question 50

Multiple Choice

Vicenzo is the sole owner and manager of a startup company. As the business grows, he finds it more difficult to fulfill the needs of all the management positions. Although he is the creative genius behind the company, he lacks experience in other areas. At this point, Vicenzo should

• A) seek the advice of an investment banker.
• B) hire a management team with expertise in complementary areas.
• C) encourage his advisors to take an active role in managing the company.
• D) form an alliance with another startup company.

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Definitions:

Intelligence

The ability to acquire and apply knowledge and skills, often measured through various cognitive tests.

Superior IQ

An intelligence quotient significantly above the average, indicating a high level of intellectual ability.

Demonstrated Ability

The proven capacity to perform tasks or actions successfully, typically through empirical evidence or achievement.

Creative Aptitude

The natural ability or potential to think in novel ways and come up with innovative solutions to problems.