Answer:
using humor to describe a situation
Answer:
A set of factors (analogous to cost drivers) that are particularly effective in having a strong differentiation effect
Explanation:
Value drivers refers to the value addition to a product or a service by a firm, which drive customers towards purchasing such products. Such additions also help distinguish a firm's own products from those of the competitors.
Value drivers could be in the form of using superior latest technology or creation of better brand awareness, etc. Such drivers also help the firm attain a competitive advantage over it's rivals.
Competitive advantage refers to possession of some unique resource or skill, which is hard to be replicated by the rival firms and which helps such a firm gain a competitive edge in the industry. For example, highly skilled workforce.
A firm strives to add more and more of such value drivers so as to gain competitive advantage in as many business spheres as possible and realize it's business goals effectively.
The difference between a business revenues ans its expenses is known as its profits
Simply said, management is by far the most crucial aspect for astute investors. VCs invest mostly in the management team's capacity to carry out the company plan. You need a solid understanding of your market, a tested business plan, and a well-thought-out strategy for approaching venture investors if you want to distinguish out from other businesses.
In addition to this, VCs value intellectual honesty and self-awareness in founders. He has discovered from his experience as an investor that "those who are very introspective, recognize their strengths and flaws" have a higher likelihood of founding and eventually developing a successful firm.
To learn more on venture capitalist
brainly.com/question/15079917
#SPJ4
