What Is a Venture Focus

question 21

Multiple Choice

What is a venture focus?

• A) Target industry and type of business
• B) How your business will make money
• C) Idea for a potential venture
• D) How your competitors address customers' issues

Recognize the goal of recruitment in predicting job task performance.

Grasp the concepts of criterion-related validation and its data type.

Assess the cost-benefit relationship in selecting for important positions.

Analyze the selection of managerial positions for international branches.

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Definitions:

Directors

Directors are individuals elected to a corporation's board to oversee and guide the organization's policies and direction.

Fiduciary Duty

A legal obligation of trust requiring an individual to act in the best interests of another party, often seen in the context of trustees, guardians, and financial advisors.

Shareholders

are individuals or entities that own shares in a corporation, giving them partial ownership and possibly the right to vote on corporate matters.

Management

The process of directing, controlling, and overseeing the operations and activities of a business or organization.