Venture Capitalists

question 9

Multiple Choice

Venture capitalists

• A) provide assistance in operating new businesses.
• B) help to identify key employees.
• C) assist with operations and strategy formulation and implementation.
• D) develop strong relationships with investment bankers who underwrite initial public offerings.
• E) do all of the above.

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Definitions:

Delegation

The process of assigning responsibility and authority to others to carry out specific activities while the delegator maintains overall accountability.

Responsibility

An obligation or duty to perform or complete a task effectively and ethically.

Delegation

The process where authority and responsibility are transferred from one person to another to carry out specific activities while retaining accountability.

Power Bases

The sources of power individuals or groups possess in social and organizational contexts, such as authority, knowledge, experience, and social networks.