Around 5 Percent of the Business Plans Reviewed by Venture

question 61

True/False

Around 5 percent of the business plans reviewed by venture capitalists are funded.

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Definitions:

Gender Equality

The state in which access to rights or opportunities is unaffected by gender, ensuring fairness for all genders.

Assertiveness

The quality of being confident and direct in claiming one's rights or putting forward one's views.

Formality

The degree of adherence to established rules, procedures, and protocols, often influencing the tone and conduct within professional environments.

Low-Context Culture

A culture where communication is explicit, messages are direct, and understanding is based on verbal instructions rather than context or non-verbal cues.