Answer the following statement(s) true (T) or false (F)
16. There is no time limit for trying to raise funds through Kickstarter.
17. Indiegogo is the largest global crowdfunding site.
18. Bootstrapping and starting slowly enables entrepreneurs to avoid any and all risk.
19. Backers invest solely on the merits of a product rather than their impression of the entrepreneur involved with the product.
20. The first step entrepreneurs should take before starting a crowdfunding campaign is to begin manufacturing the product.
16. False
17. True
18. False
19. False
20. False
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An alternate way to increase sales volume is to increase the usage rates among users by entering new market segments
Indicate whether the statement is true or false
Jane has been accused of violating a certain rule at KyoTek. She has demanded that her attorney be present during the investigative review. Legally, KyoTek can refuse this request.
Answer the following statement true (T) or false (F)
Compared to a warehouse, a distribution center is
A. set up to speed the flow of products toward the consumer. B. concerned with eliminating the need for bulk-breaking. C. designed to provide more efficient use of storage space. D. a storage facility used by several intermediaries-to share costs. E. designed to eliminate all storage.
A unilateral contract is formed at the moment when the contract is performed
Indicate whether the statement is true or false