Answer the following statement(s) true (T) or false (F)
6. John is raising money on a crowdfunding site, and in return for contributions, offers to let the contributor purchase prelaunch product. John is using a patronage model of crowdfunding.
7. One of the advantages of crowdfunding is that the audience does not expect you to have a good product pitch. They understand that you are in the early stages of your product or service development.
8. It is important to be conservative in setting the financial goal in a crowdfunding campaign.
9. According to the text, a disadvantage of bootstrapping and building up a business piece by piece is that you’re less likely to generate a larger customer base.
10. Most entrepreneurs choose to seek out angel investors or other external investors in the beginning.
6. False
7. False
8. True
9. False
10. False
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Transformational leaders demonstrate ______________ when they act as role models for their followers.
a. idealized influence b. inspirational motivation c. intellectual stimulation d. individualized consideration
In a partnership, each member of the project team is responsible for the project's outcomes and the current situation, whether it is positive or shows evidence of project problems. The term that BEST describes this responsibility is:
A) Exchange of purpose. B) A right to say no. C) Joint accountability. D) Absolute honesty.
Has Jill established the attorney-client relationship or has that already been established?
What will be an ideal response?
Which of the following terms has a meaning that is different from all of the others?
a. inclination b. likelihood c. capacity d. affinity e. connection