Jacob is in urgent need of financing for his rapidly-growing online travel business Travelmunch. As Jacob does not usually pay off his loans on time, his credit score is very low. He feels overwhelmed and thinks that it would be ideal if he receives some guidance on how to run the business. Given his situation, which of the following key sources of funding would be ideal for Jacob?
A. A commercial bank loan
B. A venture capital firm
C. An initial public offering
D. A U.S. Small Business Administration loan
Answer: B
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The team's success is measured by results. Which of the following will help to organize the team to achieve those results?
A) Joint roles B) Group contribution C) Effective communication systems D) A team leader who is responsible for work not completed by other team members E) Feedback at the completion of the goal.
If the cost of materials is not a significant portion of the total product cost, the materials may be classified as part of factory overhead cost
Indicate whether the statement is true or false
The accounting team of an organization is preparing cost sheets for its different departments. It requires updated accounts for the previous financial year from each department. Without this data from the departments, the accounting team cannot prepare the cost sheets, and the departments cannot be given a budget for the year. In this scenario, the accounting department is the _____ for other
departments. A. internal customer B. selective distributor C. external solicitor D. external mediator
One of the consequences of mismanaged agreement is continuing to pursue a failed course of action, which is called ______.
A. escalation of confidence B. escalation of leadership C. escalation of action D. escalation of commitment