Groups suffering from groupthink exhibit which of the following?
A. Overanalyze the problem
B. Do not reexamine a course of action when it is not working
C. Engage in excessive conflict
D. Fail to seek consensus
B. Do not reexamine a course of action when it is not working
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Which of the following is true about effectual entrepreneurs?
a. They focus on creating a future rather than predicting it b.Theyfind markets ratherthan make them, c. They do not accept failure d. They rely on the initiative of stakeholders to fulfill their visionof the future
Who among the following are the key to stimulating profit growth within a company?
A. First-line managers B. Sales personnel C. Top managers D. Middle managers
Which of the following is the third and final phase in the life cycle of a venture capital deal?
A) A limited partnership is formed and funds are raised. B) Funds are invested in start-up companies. C) The venture firm exits the investment. D) The venture firm seeks approval from the S.E.C.
Daniel transfers land with a $92,000 adjusted basis and a $100,000 FMV to a corporation in a Sec. 351 transfer. Immediately after the transfer, Daniel owns 100% of the corporation-stock with a FMV of $15,000. In addition, $85,000 of business-related liabilities are assumed by the corporation with respect to the transfer. No other property is transferred. Daniel's basis in the stock is
A) $0. B) $7,000. C) $8,000. D) $100,000.