Which of the following statements is true of angel investors?
A. They usually fund start-ups and oftenrequire the firms to pledge collateral to back the fund.
B. They typically invest in low-risk opportunities that offer the possibility of marginal rates of return.
C. They usually fund mature firms that have an established track record.
D. They typically provide funds to start-ups in exchange for a share of ownership.
Answer: D
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If a partner's capital account is credited with the amount that he or she contributed in cash, which of the following financial statements will be affected?
A) the withdrawal statement B) the bank reconciliation statement C) the statement of partners' equity D) the interest payment schedule
A firm can best increase its product-based legitimacy by:
A. placing interviews, articles, or columns in media about the product. B. selling the product under its generic name instead of a brand name. C. avoiding a physical location to conduct the business. D. using voice mail or answering machine to provide customer service.
In the product development process, what takes place between concept testing and market testing?
A. conducting marketing research B. securing financial backing C. determining potential ROI D. brainstorming E. product design
It is advisable to maximize the use of coercive power because it increases productivity.
Answer the following statement true (T) or false (F)