Which of the following statements is true of venture capital firms?
A. They prefer to back small firms with opportunities for fast growth.
B. They rely more heavily on business plans than on executive summaries in making investment decisions.
C. They are a source of debt financing for all large companies.
D. They are engaged in assisting disadvantaged businesses that may or may not be successful in the future.
Answer: A
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Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. If a restaurant serves a meal that the guest finds unsatisfactory, replacing the meal is a good recovery strategy. 2. A service failure is a great opportunity for the organization. 3. Putting money and effort into service recovery is good public relations, even if it is not good business. 4. The best failure is one that is discovered before it happens.
A glitzy shopping mall, a mail-order catalog, a television shopping network, and an e-commerce website are all examples of ________
A) marketing concepts B) value chains C) monopolies D) marketplaces E) strategic business units