Improving your communication skills will enhance your career because
A) having great ideas won't help you much, unless you can communicate them effectively.
B) the higher you rise in an organization, the more important your communication skills will be.
C) you'll need to connect with decision makers outside of your area of expertise.
D) all of the above.
D
Explanation: D) Ambition and great ideas aren't enough. You'll need to communicate with people if you want to succeed in business. Employers expect employees to speak and write in a professional manner that is clear, direct, and free of slang, jargon, and other inappropriate terms.
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Which of the following statements is false regarding the formation of a principal-agent relationship?
A. An agency must have a legal purpose. B. An agency may be implied in law, even if the principal did not intend to grant authority. C. The test for agency is objective. D. Each element of a contract must be present for the relationship to exist.
You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 3 million shares of stock. Since then, you have sold an additional 3 million shares of stock to angel investors
You are now considering raising capital from a venture capital firm. This venture capital firm would invest $6 million and would receive 3million newly issued shares in return. After the venture capitalist's investment, what percentage of the firm will you own? A) 42% B) 33% C) 25% D) 20%