Vincenzo Is the Sole Owner and Manager of a Start-Up

question 27

Multiple Choice

Vincenzo is the sole owner and manager of a start-up company.As the business grows, he finds it more difficult to fulfil the needs of all the management positions.Although he is the creative genius behind the company, he lacks experience in other areas.At this point, Vincenzo should:

• A)seek the advice of an investment banker.
• B)hire a management team with expertise in complementary areas.
• C)encourage his advisors to take an active role in managing the company.
• D)form an alliance with another start-up company.

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Definitions:

Protestant Revolution

Refers to the period of religious reform in the 16th century that led to the creation of Protestant Christianity, breaking away from the Roman Catholic Church.

European Monarchs

The kings, queens, emperors, or empresses reigning over countries in Europe, playing various roles from figureheads to absolute rulers depending on the country's system of governance.

16th Century

The period from 1501 to 1600, marked by significant events such as the beginning of the Reformation and the exploration and colonization of the Americas.

Americas

The lands of the Western hemisphere, comprising North, Central, and South America.