Why Is the "Management Team and Company Structure" Section of the Business

question 59

Essay

Why is the "management team and company structure" section of the business plan often given disproportionate weight among investors?

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Definitions:

Guided Participation

A process where a more knowledgeable individual helps to structure activities in ways that allow less knowledgeable participants to engage in them more effectively.

Theory of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and others, and to understand that others have beliefs, desires, and intentions that are different from one's own.

Apprenticeship

A system for training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study (classroom work and reading).

Theory of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions—to oneself and to others.