The two factors that make a deal attractive to venture capitalists are:
A) effective marketing strategies and networking opportunities.
B) high returns and a convenient (and profitable) exit strategy.
C) high returns and networking opportunities.
D) a convenient and (profitable) exit strategy and effective marketing strategies.
Answer: B
Business
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Maxim Computer has a 10 percent of a $250 billion market. Maxim is the low-cost leader and realizes a 20% margin on sales, and marketing, sales, and administrative expenses equal 10% of sales. What are Maxim's sales revenues?
A) $250 billion B) $25 billion C) $5 billion D) $2.5 billion E) $500 million
Business
Preference for a consultative management style is prevalent in a society with low power distance
Indicate whether the statement is true or false
Business