One Principle of Entrepreneurial Finance Is "Risk and Expected Reward

question 3

True/False

One principle of entrepreneurial finance is "risk and expected reward go hand in hand."

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Definitions:

Decentralized Decision

A management strategy where decision-making powers are distributed among various levels of the organization rather than being concentrated at the top.

Narrow Span

a management structure where a supervisor oversees a small number of subordinates, allowing for close supervision and control.

Organizational Complexity

relates to the various interconnected components within an organization, including its structure, processes, and dynamics that determine its level of intricacy.

Mechanistic Structure

A highly formal organizational structure characterized by rigid hierarchy, clear divisions of labor, and centralized decision-making.