A Venture Capitalist Would Rather Invest in a First-Rate Product

question 86

True/False

A venture capitalist would rather invest in a first-rate product and a second-rate management team than the reverse.

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Definitions:

Functional Structure

A structure that organizes a company into units identified by their functional roles, or what they do.

Meganational Companies

Companies that operate on a global scale, extending their products, operations, and marketing strategies across multiple countries.

Network Structure

A structure that organizes a company by groups that form to work on a project, and then dissolve once the project is complete.

Matrix Structure

A structure that organizes a company along multiple dimensions that may include geography, function, and division.