A closeness matrix can reflect the qualitative judgments of managers and employees, or can be the number of trips between each pair of departments

Which of the following is a means of selling bonds or stocks to the public?

A) private placement B) public offering C) organized selling D) direct placement

Which of the following is incorrect regarding the "total startup cash needed" component of financial feasibility analysis?

A) It's not necessary to complete an actual budget of startup expenses. B) When explaining where the startup funds will come from, avoid cursory explanations such as "I plan to bring investors on board" or "I'll borrow the money." C) There are worksheets posted online that help entrepreneurs determine the startup costs to launch their venture. D) An explanation of where the startup funds will come from should be included. E) If the money will come from friends and family or is raised through other means, a reasonable plan should be stipulated to repay the money.