A Potential Angel Investor Is Reading Your Business Plan for a New

question 103

Multiple Choice

A potential angel investor is reading your business plan for a new start-up company.What will this investor most likely consider to be the most important factor in assessing your business potential?

• A)Whether you're aware of all of your direct and indirect competitors
• B)Whether you've come up with a realistic start-up budget
• C)Whether your management team can implement the business plan
• D)Whether your start-up company will use social media for marketing and communication

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Definitions:

Sparkling Mineral Water

Water that contains various dissolved minerals and is carbonated, providing a fizzy texture, often consumed as a beverage.

Product Complementarity

The extent to which one product enhances the use or value of another product, leading consumers to purchase them together.

Symbolic Meanings

Representations or associations that an object, action, or concept holds beyond its literal definition, often culturally defined.

Lifestyle

A way of living that reflects the attitudes, values, and behaviors of an individual or group.