All of the Following Statements Are Correct Except

question 41

Multiple Choice

All of the following statements are correct except:

• A)Venture capitalists usually are members of partnerships that consist of a few general partners.
• B)The typical venture capital partnership manages between $50 million and $100 million in assets.
• C)It is common to organize a venture capital fund as publicly listed corporations.
• D)At the end of a fund's life, cash and securities are distributed to the investors.
• E)All of the above statements are correct.

---

Definitions:

Managing Outsourcing

The practice of overseeing and directing work or services to external vendors to achieve desired outcomes efficiently.

Strategic Focus

The concentration of an organization's efforts and resources on a specific, clearly defined strategic direction or goal to gain a competitive advantage.

Specialized Expertise

The high level of skill or knowledge in a particular area that sets individuals or organizations apart from others.

Strategic Control

A process used by organizations to monitor and adjust their strategies to meet their goals and respond to internal and external changes.