Which of the Following Seems to Be a Major Determinant

question 11

Multiple Choice

Which of the following seems to be a major determinant of a new venture's success?

• A) Large-scale entry into the target industry designed to build market share
• B) Cautious small-scale entry into the target industry so that the company can assess the probable outcome of the venture without losing too much money
• C) A low level of integration between the marketing and research and development functions of the venturing company
• D) Supporting many new venture projects in the hope that one will succeed
• E) Killing the new venture if it does not show a profit after the end of the third year

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Definitions:

Firm Offer

A rule that no consideration is necessary when a merchant agrees in writing to hold an offer open for the sale of goods.

Consideration

The value (such as money, a promise, or an act) exchanged between parties in a contract.

E-mail

A method of exchanging messages digitally across the internet or other computer networks.

Automobile Title Certificate

A legal document issued by a government agency that proves ownership of a vehicle.