The Plan for How the Founding Entrepreneurs Can Eventually Be

question 39

Multiple Choice

The plan for how the founding entrepreneurs can eventually be replaced is known as

• A) management succession.
• B) exit strategies.
• C) planning fallacy.
• D) founder turnover.
• E) harvest.

---

Definitions:

Nominal Return

The rate of return on an investment without adjusting for inflation.

Yielding

The income produced by an investment, typically expressed as a percentage of the investment's cost.

Canada Bonds

Bonds issued by the Canadian government, offering a low-risk investment option with fixed interest payments.

Floating Rate Bond

A bond with an interest rate that is tied to a benchmark, such as LIBOR, and can change over time.