Exam 8: Calculating Startup Capital Requirements

An informal panel of experts and other people who are interested in seeing the new venture succeed is a/an ____.

How can consultants provide services for the new venture?

Among the reasons why startup teams fail are all of these except:

The board is headed by the chairperson, who, in a new, private venture, is typically the ____.

The intense effort required of a startup can be shared when the entrepreneur uses a ____.

When an entrepreneur decides to use a team effort to create the new venture, he or she generally looks for people who have ____ skills.

When choosing a banker, the entrepreneur planning a new venture should seek out an officer with the rank of assistant vice president or higher.

The board is headed by the chairperson, who, in a new, private venture, is typically the lead entrepreneur.

All of the following are part of an entrepreneur's extended network except ____.

Because consultants tend to be fairly expensive, they are best used for critical, one-time advising or problem-solving assignments.