Building Effective Venture Teams Quiz
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Questions and Answers

What is fundamental to a new venture’s success?

  • The entrepreneurial team (correct)
  • Combining efforts and energies
  • A clear goal
  • Professional help from promoters

What is required to translate an idea into reality for a new venture?

  • Individual start with subsequent professional help
  • Professional help from promoters
  • Backing of a strong team (correct)
  • Venture team initiation

What increases the chances of success for a venture?

  • Everybody’s initiatives and efforts directed cohesively (correct)
  • Professional help from promoters
  • Individual start with subsequent professional help
  • Venture team initiation

What do the founding team members of a venture need to have?

<p>A clear goal and a worthwhile idea (B)</p> Signup and view all the answers

When are ventures started by individuals?

<p>There are ventures that are started by individuals and thereafter promoters look for professional help (D)</p> Signup and view all the answers

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