The Savvy Entrepreneurial Firm Feature in Chapter 1 Focuses on Incubators

question 65

Multiple Choice

The Savvy Entrepreneurial Firm feature in Chapter 1 focuses on incubators and accelerators, those that help start-ups. ________ are organizations that offer a small amount of seed funding in exchange for small equity positions in the companies that participate in their programs.

• A) Incubators
• B) Intrapreneurs
• C) Accelerators
• D) Capital markets
• E) Banks

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Definitions:

Operating Leverage

A measure of how revenue growth translates into growth in operating income, highlighting the impact of fixed costs.

Degree

A level of qualification, achievement, or temperature that denotes status, extent, or intensity. In academic contexts, it often refers to the certification received upon completing a course of study at a college or university.

Dolls

Toys designed to resemble human figures, often used as playthings for children.

Series

A sequence of numbers in which each term after the first is formed by adding a fixed number to the previous term.