Consider that you have just been offered a million dollars to grow your business. However, the venture capitalist group will be stepping in as the management team, and you will retain 16% of the company. What should you consider in making your decision?
What will be an ideal response?
Most entrepreneurs give up a portion of their company and are more likely to succeed if they do so. One should consider one’s personal need for control as well as what the investors are likely to bring to the company to help it succeed. One can consider the compatibility of goals and the likelihood of working together successfully. Consideration should be given to the postinvestment growth potential and what the remaining percentage may translate to in terms of cash value.
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What will be an ideal response?
Margot always takes her time, considering all available information before making a decision. Margot is an intuitive decision maker.
Answer the following statement true (T) or false (F)
Decisions concerning the role of each facility are significant because they determine the amount of flexibility the supply chain has in changing the way it meets demand
Indicate whether the statement is true or false.
A vision describes in broad, inspirational terms what an organization hopes to accomplish in the future.
Answer the following statement true (T) or false (F)