Talia Formed a Technology Start-Up in Her Garage, and It

question 42

Multiple Choice

Talia formed a technology start-up in her garage, and it has grown more rapidly than she ever imagined. She has always kept tabs on all of her people, and her company has just passed 150 employees. What should she do now?

• A) send managers to large corporations to bring back a sense of largeness
• B) add more structure for communication and decision-making
• C) decrease structure for communication and decision-making
• D) increase the number of decisions that only she can make
• E) eliminate some positions to keep numbers manageable

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Definitions:

Non-Interest-Bearing

A financial instrument or account that does not earn interest over time, implying that its value does not increase beyond the principal amount.

Promissory Note

A finance-related written assurance where one party obligates to pay the other a clearly defined monetary amount, either when required or at a particular future time.

Discounted

Refers to the process of determining the present value of a future amount of money or stream of cash flows given a specific rate.

TD Canada Trust

One of Canada's prominent banking and financial services providers, known for offering a wide range of personal and business banking solutions.