When a Small Business Start-Up Secures Outside Investment,one Thing It

question 40

Multiple Choice

When a small business start-up secures outside investment,one thing it accomplishes is that

• A)the business is critically examined by outsiders.
• B)it brings the synergy from multiple founders.
• C)the business produces a product or service for which there is a proven demand.
• D)the founders take part in the mentoring program.

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Definitions:

Central Selling Point

The unique advantage or feature of a product or service that is emphasized to attract customers.

Testimonials

Statements from customers or clients praising the value, performance, or quality of a product or service, often used in marketing and sales.

Clarity

The quality of being coherent and easily understood.

Specific Terms

Specific terms are precise, clearly defined words or phrases used within a particular field or context to avoid ambiguity and ensure clarity in communication.