Of the Following,which Is NOT an Advantage of Making

question 29

Multiple Choice

Of the following,which is NOT an advantage of making?

• A) Knowledge of the product may provide efficiency advantages over potential suppliers.
• B) The firm has more control over quality.
• C) People producing the component or raw material have the incentive to improve their product.
• D) The firm has more control over deliveries.
• E) It secures the supply source.

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Definitions:

Cofounders' Experience

The collective knowledge, skills, and expertise that founders of a company bring to the venture, influencing its strategy and chances of success.

Angel Investors

Wealthy individuals who provide capital to startups or entrepreneurs, often in exchange for equity stakes, at early stages of business development.

Young Startups

Newly established businesses, typically within the technology sector, that are in the early stages of their operations and are aiming for rapid growth.

Mezzanine Stage

A late-stage of funding in the growth of a company, representing a transition from venture capital financing to public offering or acquisition.