Jason,Robin,and Ian Currently Work in the Marketing Department of a Large

question 222

True/False

Jason,Robin,and Ian currently work in the marketing department of a large corporation.They have similar backgrounds and training and are thinking about leaving their company to start their own business.Successful entrepreneurial teams are comprised of these types of people because similarities in knowledge and skill ensure harmony and consistency in their new business.
Entrepreneurial teams should include people with different skills and backgrounds.The idea behind an entrepreneurial team is to bring together the creative,production and marketing skills necessary to ensure success.

---

Definitions:

WACC

Short for Weighted Average Cost of Capital, it measures a firm's cost of capital, considering the weighted costs of equity and debt financing.

NPV

Net Present Value; a calculation used to determine the value of an investment by assessing the present value of its cash flows minus the initial investment.

Cash Flow

The combined total of money coming in and going out of an enterprise, significantly affecting its financial fluidity.

Mutually Exclusive

This term describes scenarios or choices where the selection of one option precludes the selection of any other option, typically in decision making or project selection.