An Informal Panel of Experts and Other People Who Are

question 41

Multiple Choice

An informal panel of experts and other people who are interested in seeing the new venture succeed is a/an ____.

• A)mentor board
• B)startup team
• C)virtual team
• D)advisory board
• E)consulting firm

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Definitions:

Government Actions

The measures and policies implemented by governmental bodies to influence economic, social, or political outcomes.

Communist Theory

A social, political, and economic ideology that aims at the establishment of a classless society where the means of production are owned communally.

Private Property

Legal rights that allow individuals or entities to own, use, and dispose of assets.

Demand and Supply

Fundamental economic concepts that describe the amount of a product or service available for purchase (supply) and the desire of buyers for it (demand), influencing price and market equilibrium.