Why is the management team such an important element of a business model?

What will be an ideal response?

A strong management team gives a model instant credibility to outside investors, immediate market-specific knowledge, and experience in implementing business plans. A strong management team may not be able to salvage a weak business model, but the team should be able to change the model and redefine the business as it becomes necessary.

Business

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International business is defined as the performance of ________ activities by firms across national borders

A) marketing and fiduciary B) trade and investment C) finance and operational D) accounting and auditing

Business

One advantage digital media offers advertisers is the combination of audio and video capabilities that engage consumers

Indicate whether the statement is true or false

Business