Which of the Following Statements Is FALSE

question 17

Multiple Choice

Which of the following statements is FALSE?

• A) The initial capital that is required to start a business is usually provided by the entrepreneur herself and her immediate family.
• B) Individual investors who buy equity in small private firms are called angel investors.
• C) A venture capital firm is a limited partnership that specialises in raising money to invest in the private equity of young firms.
• D) Venture capitalists typically control about three-quarters of the seats on a start-up's board of directors, and often represent the single largest voting block on the board.

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Definitions:

Walumbwa's

Refers to Fred Walumbwa, a researcher notable for his work on authentic leadership and its impact on organizational outcomes.

Authentic Leadership

A leadership style in which the leader is genuine, transparent, and ethical, and leads with their true self.

Intrapersonal

Pertaining to the internal, psychological processes within an individual, such as thoughts and emotions.

Interpersonal

Related to interactions between individuals.