Scenario A. Chelsea leaves her job at a car manufacturing company and starts her own business. Her objective is to attain maximum growth and earn high profits. Jessica, her friend, who also works at the car manufacturing company has started a business venture utilizing the resources of the company. Henry, her colleague, states that he would make a successful entrepreneur as he is a gambler, and believes that a good idea and talent leads to success within a year. He has also scored 665 in his SATs.Chelsea's objectives for her business is to attain high growth and profits, which is an example of a(n) ________.
a. joint venture
b. skunkworks
c. entrepreneurial venture
d. small business
e. business incubator
c. entrepreneurial venture
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Only a firm's permanent financing requirement (and not the seasonal requirement) is financed with ________ in the aggressive funding strategy
A) long-term debt B) T-bills C) retained earnings D) accounts payable
If the interest rate is 7 percent on euro deposits and 5 percent on dollar deposits, and if the dollar is expected to appreciate at a 4 percent rate,
A) euro deposits have a higher expected return than dollar deposits. B) the expected return on euro deposits in terms of dollars is 11 percent. C) the expected return on dollar deposits in terms of euros is 1 percent. D) the expected return on euro deposits in terms of dollars is 3 percent. E) the expected return on dollar deposits equals the expected return on euro deposits.