Venture capitalists provide funds for start-up businesses in exchange for part ownership in the new firm.
Answer the following statement true (T) or false (F)
True
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In ______ cultures, competition is valued and guilt is used as punishment, whereas in ______ cultures, connections are valued and shame is used as punishment.
A. high-context; low-context B. low-context; high-context C. collectivist; individualist D. individualist; collectivist
Shipping by air
A. is most useful for smaller, high-value items. B. generally increases handling costs. C. generally increases storing costs. D. is generally the most economical transportation method. E. None of these answers is correct.
If a business is considering whether to replace old equipment with newer equipment, the cost of operating the old equipment, compared to the cost of operating the new equipment, is relevant to the business decision
Indicate whether the statement is true or false
Given the trend toward offshoring and outsourcing, value chains have become:
A. subject to geographical constraints. B. complex. C. easy to manage. D. risk-free.