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The ________ Boards Typically Never Initiate or Determine Strategy Unless

question 88

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The ________ boards typically never initiate or determine strategy unless a crisis occurs.


Definitions:

VC

Venture Capital; financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.

Company

An organization or entity engaged in commercial, industrial, or professional activities.

Investor

An individual or organization that allocates capital to investments with the expectation of achieving a financial return.

Entrepreneur

An individual who initiates, organizes, and runs a business or businesses, taking on greater than normal financial risks in order to do so.

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