Question 1

Ignoring outside advice is one of the guidelines in shaping a harvest strategy.

Accepted Answer

A) True 
 B)False  False

Question 2

A _____ is one in which a founder can realize a gain from a business by selling it to existing partners or to other key managers in the business.

Accepted Answer

management buyout (MBO

Question 3

Managing a business that is oriented to harvest is less stressful than managing a business that is not.

Accepted Answer

A) True 
 B)False  True

Question 4

What are some of the disadvantages of being a public company?

Accepted Answer

The answer of What are some of the disadvantages of...

Question 5

What are the advantages of being a public company?

Accepted Answer

The answer of What are the advantages of being a...

Question 6

A harvest strategy is more sensible if it allows for a time frame of 3 to 10 years.

Accepted Answer

A) True 
 B)False

Question 7

Having a harvest goal and crafting a strategy to achieve it are what separate successful entrepreneurs from the rest of the pack.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following harvest options is most likely to produce the most cash for a founder at the time of sale?

Accepted Answer

A)   IPO
B)   MBO
C)   Outright sale
D)   Strategic alliance

Question 9

_____ are harvest vehicles through which founders can realize some liquidity from their stock by sales to the plan and other employees.

Accepted Answer

The answer of _____ are harvest vehicles through which founders...

Question 10

When entrepreneurs sell their venture in a stock-for-stock exchange,the agreement typically includes protections against a sudden drop in the share price of the acquiring company.

Accepted Answer

A) True 
 B)False

Question 11

Harvesting at the right time,willingly,involves hitting one of the many _____ that entrepreneurs face.

Accepted Answer

The answer of Harvesting at the right time,willingly,involves hitting one...

Question 12

Identify four avenues by which a company can realize a harvest from the value it has created.

Accepted Answer

The answer of Identify four avenues by which a company...

Question 13

In a _____,founders can attract capital,often in substantial amounts,from a large company interested in their technologies.

Accepted Answer

The answer of In a _____,founders can attract capital,often in...

Question 14

Discuss why it is important to have a harvest goal in place from the beginning of a venture.

Accepted Answer

The answer of Discuss why it is important to have...

Question 15

Which harvest option can force a leadership team to focus on short-term profits and performance results?

Accepted Answer

A)   Management buyout (MBO) 
B)   Employee Stock Ownership Plan (ESOP) 
C)   Initial Public Offering (IPO) 
D)   Strategic Alliance

Question 16

A public offering increases public awareness of the company and contributes to the marketability of the products.

Accepted Answer

A) True 
 B)False

Question 17

What are the three anchors of entrepreneurial process that loom above the rest?

Accepted Answer

The answer of What are the three anchors of entrepreneurial...

Question 18

"If impatience is the enemy of an attractive harvest,then greed is its executioner." What is being implied by this statement?

Accepted Answer

The answer of "If impatience is the enemy of an...

Question 19

In a management buyout,which of the following is a problem that the managers buying out the owners and running the company typically face?

Accepted Answer

A)   Lack of capital
B)   Lack of expertise
C)   Issues with the legal structure
D)   Issues with employee retention

Question 20

A _____ is to the entrepreneur what a cash cow is to a large corporation.

Accepted Answer

The answer of A _____ is to the entrepreneur what...

Exam 18: The Harvest and Beyond

Ignoring outside advice is one of the guidelines in shaping a harvest strategy.

A _____ is one in which a founder can realize a gain from a business by selling it to existing partners or to other key managers in the business.

Managing a business that is oriented to harvest is less stressful than managing a business that is not.

What are some of the disadvantages of being a public company?

What are the advantages of being a public company?

A harvest strategy is more sensible if it allows for a time frame of 3 to 10 years.

Having a harvest goal and crafting a strategy to achieve it are what separate successful entrepreneurs from the rest of the pack.

Which of the following harvest options is most likely to produce the most cash for a founder at the time of sale?

_____ are harvest vehicles through which founders can realize some liquidity from their stock by sales to the plan and other employees.

When entrepreneurs sell their venture in a stock-for-stock exchange,the agreement typically includes protections against a sudden drop in the share price of the acquiring company.

Harvesting at the right time,willingly,involves hitting one of the many _____ that entrepreneurs face.

Identify four avenues by which a company can realize a harvest from the value it has created.

In a _____,founders can attract capital,often in substantial amounts,from a large company interested in their technologies.

Discuss why it is important to have a harvest goal in place from the beginning of a venture.

Which harvest option can force a leadership team to focus on short-term profits and performance results?

A public offering increases public awareness of the company and contributes to the marketability of the products.

What are the three anchors of entrepreneurial process that loom above the rest?

"If impatience is the enemy of an attractive harvest,then greed is its executioner." What is being implied by this statement?

In a management buyout,which of the following is a problem that the managers buying out the owners and running the company typically face?

A _____ is to the entrepreneur what a cash cow is to a large corporation.