GSM 426 Test 1

subject Type Homework Help
subject Pages 3
subject Words 296
subject Authors Donald F. Kuratko

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page-pf1
How does a public offering differ from a private placement?
When the founder of a business is willing to share authority, succession problems can
be maximized.
Emotional bias is not an underlying issue in valuing a business.
page-pf2
During the growth stage of a venture, entrepreneurs shift into a managerial style.
The creative climate rejects the ambiguity common in work and life.
Once the decision is made to harvest the business, the way forward is easy.
Commitment, determination, and perseverance are the only characteristics one needs to
become a successful entrepreneur.
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Successful global start-ups, or entrepreneurial businesses that are 'born global,'
surprisingly often lack internationally experienced management.
Skunk works are project groups that work within the traditional lines of authority.

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