In General, the Most Important Source of Capital for a New

question 37

Multiple Choice

In general, the most important source of capital for a new entrepreneurial venture is which of the following?

• A) Informal investors
• B) Venture Capital
• C) Banks
• D) Profits from the venture
• E) Incubators

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Definitions:

Situational Model

A theory that suggests the effectiveness of a leadership style is contingent upon the situation or the environment in which it is applied.

Development Level

The degree of competence and commitment of an individual or group in performing specific tasks.

Path-goal Theory

A leadership theory that suggests the leader's job is to assist followers in attaining their goals and to provide direction or support needed to ensure their goals are compatible with the organization’s objectives.

Participative Behavior

A leadership approach that involves team members in decision-making processes and problem-solving activities.