Nestor Wants to Open a New Event Management Company

question 109

Multiple Choice

Nestor wants to open a new event management company. Deveon, a multinational company, agrees to fund his business on the condition that Deveon be given 50% ownership in the company. In the given scenario, Deveon is most likely a(n) _____.

• A) commercial lender
• B) sole proprietor
• C) venture capital firm
• D) angel investor

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Definitions:

Strong Culture

An organizational environment characterized by widely shared values, beliefs, and norms that influence the behavior of all members.

21St Century

The period from January 1, 2001, to December 31, 2100, marking the current century in the Gregorian calendar.

Resistance To Change

The reluctance or opposition by individuals or groups within an organization to alter established habits, practices, or processes.

Planned Change

A deliberate effort to improve an organization's operations, structures, or processes through systematic interventions.