Which of the Following Had a Significant Impact on the Change

question 12

Multiple Choice

Which of the following had a significant impact on the change that the venture capital industry went through in the early 1970's?

• A) the lowered top personal tax rate on capital gains from 35% to 28%
• B) the adoption of the "Prudent Man Rule"in 1979
• C) the restructuring of the economy in 1975
• D) a and b

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Definitions:

Competitive Bidding

A procurement process where suppliers submit price bids to win a contract to provide goods or services.

Outsourcing

The business practice of hiring parties outside a company to perform services or create goods traditionally performed in-house.

Supply-Chain Strategy

The planning and execution of all logistics and operations management processes to efficiently align production, distribution, and inventory.

Low-Cost

Referring to products, services, or strategies that require minimal financial outlay while aiming to maintain acceptable or competitive quality and performance.