Rocket Internet, Founded in 2007, Funds Start-Ups

question 99

True/False

Rocket Internet, founded in 2007, funds start-ups. One of its successful investments was in Lamoda, a retailing fashion site in Russia that is modeled after Zappos. This is an example of a pioneering new entry strategy.

---

Definitions:

Dominant Position

A situation in which a person or entity has greater power, influence, or control within a particular context or market.

Evidence of Expertise

Demonstrable knowledge or skills in a particular area, showing someone's capacity or proficiency.

Making Good Decisions

The process of choosing the best option from a set of alternatives based on rational analysis and judgment.

Displaying Diplomas

The act of publicly presenting educational credentials or achievements, often to convey credibility or qualifications.