If You Wanted to Avoid the Failure of the Dot-Com

question 173

Multiple Choice

If you wanted to avoid the failure of the dot-com businesses from the late 1990s, what does the author recommend you do?

• A) Build a company that is Internet and brick-and-mortar based
• B) Develop IT systems capable of processing millions of transactions quickly
• C) Develop a path-to-profitability (P2P) plan
• D) Disperse risk amongst a group of investors rather than just yourself

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Definitions:

Stature

The perceived status, reputation, or authority a person or entity has, often influenced by achievements or character.

Reputation

The general perception or opinion held about someone or something based on past actions or characteristics.

Team Network

A group of individuals connected by common professional goals or projects, often collaborating across different areas of expertise.

Rectification

The act of correcting, making right, or improving something that was wrong or flawed.