It is important for an entrepreneur to have <u>area of specialization</u> when approaching an angel investor or venture capitalist
Just as the venture capitalist has to be careful in selecting his investment, the entrepreneur should also take several factors into account while selecting a venture capitalist. The entrepreneur should take care in selecting the right venture capitalist to approach based on the venture capitalist's area of specialization.
The entrepreneur while approaching venture capitalist should have a detailed and well organized business plan as is the only way to gain a venture capitalists attention and obtain funding. They do not invest on a two page summary.
Hence, it is important for an entrepreneur to have area of specialization.
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Answer: Option (B)
Explanation:
Poka-yoke is known to the world as a Japanese terminology which means to mistake proof or accidental error avoidance. The poka-yoke is referred to as an method in any given process which further tends to help the individual i.e. the equipment operator to avoid making any mistakes. The purpose of this process is to remove the product defects.
Answer: Culture
Explanation:
The culture is one of the main factor that basically influence the customer decisions process and it also affect the behavior, principle, value and the beliefs of the individual person.
Culture is the term which is used to refers to the tradition, values and the rules follow by the common nationality and the religion.
According to the given question, there is two different types of facts explained about the mother feeding and both the indicating different culture influences. Therefore, Culture is the correct answer.
Answer:
$12 million
Explanation:
Given that,
Cost of equipment purchased = $10 million
Requirement of an additional investment in working capital = $2 million
Tax rate = 40 percent
Here, the initial investment outlay is the combination of amount necessary to purchased the equipment and the additional investment in the working capital.
Initial investment outlay:
= Cost of equipment purchased + Additional investment
= $10 million + $2 million
= $12 million
Based on this information, it can be concluded that Kelli's firm has a MATRIX structure.
Matrix structure refers to an organization structure in which the reporting relationships are set up as a matrix, that is, employees usually have dual reporting relationships, one to a functional manager and the other to a product manager.