David Lei Noted That the Single Greatest Impediment Managers Face

question 7

Multiple Choice

David Lei noted that the single greatest impediment managers face when seeking to learn or renew sources of competitive advantage is that ________.

• A) great venture partners are hard to find
• B) technologies change very rapidly
• C) partners can become competitors
• D) governments can be fickle

---

Definitions:

Financial Institution

Organizations that provide financial services to its clients or members, including banks, credit unions, stock brokerages, and insurance companies.

Initial Public Offering

The process by which a private company becomes publicly traded by offering its shares to the public for the first time.

Venture Capitalism

A financing method where investors provide funds to startups and small businesses with high growth potential in exchange for equity, or partial ownership of the company.

Stock Exchange

A marketplace where securities, such as stocks and bonds, are bought and sold.