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s2008m [1.1K]
3 years ago
11

Vincente, a retired CEO, invests capital in a start-up company that creates budgeting software. He mentors the entrepreneur and

the employees of the company because he wants the company to perform well and survive in the market. Thus, Vincente is the start-up company's __________.
a. stakeholder.
b. headhunter.
c. employee.
d. category captain.
Business
1 answer:
Ugo [173]3 years ago
8 0

Answer: (A) Stakeholder

Explanation:

 The stakeholder is refers to the person in an organization that basically helps in managing all the stake in business either in external or internal type.

The main responsibility of stakeholder is to managing the resources in an organization and managing all the investment related business approach and the supply chain.

 According to the given question, Vincent is the retired CEO of the company and he investing the capital in the startup company that helps in creating the software.

Therefore, The Vincent is basically refers to the startup firm's stakeholder.  

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Preparation of Journal entries

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