Quentin, a Venture Capitalist, Is Scanning Mildred's Business Plan to See

question 59

Multiple Choice

Quentin, a venture capitalist, is scanning Mildred's business plan to see if and when he can recoup his investment and make a profit. Quentin is looking for a(n)

• A) financial plan.
• B) marketing plan.
• C) investment plan.
• D) exit strategy.

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Definitions:

Labor Intensive

A term used to describe a process or industry that requires a large amount of manual labor relative to capital investment.

Alternative Technologies

Different or new technologies that provide an alternative way of solving problems or completing tasks, often with the aim of improving efficiency or environmental sustainability.

Marginal Product

The extra output, or increase in production, that results from adding one more unit of a specific input, while other inputs are kept constant.

Total Product

The total quantity of output produced by a firm over a given period of time.