Author Question: A ________ is the group of founders, key employees, and advisers that move a new venture from an ... (Read 54 times)

Bob-Dole

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A ________ is the group of founders, key employees, and advisers that move a new venture from an idea to a fully functioning firm.
 
  A) new venture panel
  B) startup team
  C) new venture team
  D) new project team
  E) startup cadre

Question 2

The primary opportunity existing for startups in fragmented industries is to ________.
 
  A) pursue a niche strategy, which focuses on a narrow segment of the industry that might be encouraged to grow through product or process innovation
  B) win customers by placing an emphasis on service and process innovation
  C) capture a first-mover advantage
  D) pursue a cost reduction strategy, which is accomplished through achieving lower costs than industry incumbents through process innovation
  E) consolidate the industry and establish industry leadership as a result of doing so



Jadwiga9

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Answer to Question 1

C

Answer to Question 2

E



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