As Their Ventures Grow,entrepreneurs Need to Put Certain Controls in Place

question 41

Multiple Choice

As their ventures grow,entrepreneurs need to put certain controls in place to ensure the organization runs smoothly.This does not come easy for many of them.A typical growth challenge of an entrepreneurial venture is ________.

• A)strengthening the organizational culture
• B)the need to ensure employees are paid on time
• C)setting a value on the business for final sale
• D)a changing marketplace and fickle customers

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Definitions:

Fossilized

The process by which organic material is converted into a fossil through the replacement of the original material with mineral substances.

Trace

A very small amount of something.

Natural Selection

The evolutionary process by which favorable traits become more common in successive generations of a population, influenced by environmental pressures.