Tristan Has Developed a Phone App and Is Hesitant About

question 8

Multiple Choice

Tristan has developed a phone app and is hesitant about making an agreement with a venture capitalist willing to finance the start-up.What would make Tristan hesitant?

• A) having an exit strategy like a buyout that the venture capitalist would not be in favour of
• B) the venture capitalist wanting the company to grow too slowly
• C) the high interest to be paid on the venture capitalist's financing
• D) the control over the company the venture capitalist will exert

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Definitions:

Control (C)

In management and accounting, this refers to the systems and processes that are used to monitor and manage an organization's financial resources and operations.

Excellence Canada

An organization that promotes organizational excellence and healthy workplace cultures through standards and certifications in Canada.

Quality Management Principles

Fundamental beliefs, norms, rules, and values that are accepted as true and applied by an organization in quality management.

Managerial Accounting

The process of providing financial information and analysis to managers within organizations to facilitate decision-making.