Lynn, with a new degree in culinary arts, planned to start a catering business. Her mother, a chef in a French restaurant, offered to lend her $50,000 in return for a 30% share in the business and partial ownership
In this case, her mother is a venture capitalist. Indicate whether the statement is true or false
True
You might also like to view...
Premium boutique hotels encourage employees to develop strong, personal relationships with guests. Such hotels offer value-added services that are not available at traditional hotels. At which level of relationship marketing are these hotels operating?
a. Level 1 b. Level 2 c. Level 3 d. Level 4
How does Section 16(b) of the Securities Exchange Act of 1934 protect the interests of a corporation? Explain with an example
What will be an ideal response?
Online transaction processing (OLTP) is the capturing of transaction and event information using technology to ________.
A. Store the information B. Process the information according to defined business rules C. Update existing information to reflect the new information D. All of these
Personal rather than formal relationships among employees are known as the
A. span of management. B. chain of command. C. informal organization. D. bureaucratic structure. E. grapevine.