Success of Entrepreneurial Ventures Is Often Jeopardized by the Death

question 84

Multiple Choice

Success of entrepreneurial ventures is often jeopardized by the death of the founder. Which of the following is an important strategy to minimize this problem?

• A)Conservative use of funds
• B)Adequate succession planning
• C)Systematic recordkeeping
• D)Decreased delegation
• E)Going public

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Definitions:

Micrometers

Units of measurement equal to one-millionth of a meter, commonly used in science to measure microorganisms or cellular structures.

Capsid

Protein coat surrounding the nucleic acid of a virus.

Envelope

A flat, usually rectangular or square paper container used for sending letters or documents, or the outer covering of a structure.

Pilus

A hair-like appendage found on the surface of many bacteria, involved in adhesion to surfaces and in bacterial conjugation.