All of the following are reasons that new ventures fail due to product or market problems except:
A) assuming debt too early
B) unclear business definition
C) venture capital relationship problems
D) initial undercapitalization
Answer: D) initial undercapitalization
Business
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Which of the following represent formal criteria for defining executive status?
A) board of directors and key employees B) key employees and highly paid employees C) CEO and highly compensated employees D) key employees and highly compensated employees
Business
The unit of measurement used in property and casualty insurance pricing is called the
A) unit rate. B) premium. C) exposure unit. D) experience unit.
Business