Multiple Choice
Which of the following statements is not true according to the "two-thirds rule"?
A) Only two-thirds of entrepreneurs with a sound and viable business venture will find financial backing.
B) Entrepreneurs who do get financing for their business will get only two-thirds of the capital they initially requested.
C) Entrepreneurs who do get financing for their businesses will find that it takes them two-thirds longer to get it than they anticipated.
D) Only two-thirds of entrepreneurs will take the time to prepare a business plan.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: The force from the five forces model
Q85: _ are short-term,specific targets which are attainable,measurable,and
Q107: Which of the following is true regarding
Q120: The most common reason banks give for
Q121: The primary purpose of a business plan
Q122: The marketing strategy section is a vital
Q123: Lenders and investors prefer experienced managers when
Q126: The organization chart is described in which
Q127: The entrepreneur's request for funds in the
Q129: Which of the following would be included