A(n)_____ Refers to a Person Within an Established Business Who

question 79

Multiple Choice

A(n) _____ refers to a person within an established business who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation.

• A)angel investor
• B)venture capitalist
• C)small-business owner
• D)entrepreneur
• E)intrapreneur

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Definitions:

Average Amount

A statistic that represents the central or typical value of a set of numbers, calculated by dividing the sum of all values by the number of values.

BAT Model

A model used in negotiation that stands for Best Alternative To a Negotiated Agreement, helping parties determine their course of action should negotiations fail.

Disbursements

Money paid out by a business or an organization for various purposes, including expenses, investments, and dividends.

Optimal Initial Cash Balance

The ideal amount of cash that a company should hold at the start of a period to efficiently meet its operational needs and investment opportunities, while minimizing holding and shortage costs.