Exam 13: Entrepreneurial Growth

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Well run companies that manage cash well are likely to be offered more favorable types and terms of funding.

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Essentially customer needs do not change, therefore you need to identify them and maintain focus.

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Execution has the most direct link to profits

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At the core of the growth model lays execution.

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What are the driving forces of growth? What is the core of the growth model?

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What does cash cycle ratio show?

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What skills become increasingly important at later stages of development for a company?

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What is NOT an option an entrepreneur must consider beyond startup?

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Diversifying opportunities in early stages of the company generates better results than crafting only one

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As the organization grows, managerial skills emerge out of entrepreneurial skills.

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Which of the following is not a part of the driving forces in the growth stages?

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You should try to implement a complex system of control from the early stages of growth

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Which of the following is NOT an important factor is recruiting a board of directors?

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Key people in the organization are hired professional managers

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Describe the process of transition from entrepreneur to entrepreneurial leader.

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An effective control system includes all of following except:

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What do customers usually want the company to do with its products?

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In a typical acquisition deal, what portion of the selling price does the entrepreneur receive in cash?

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It is always best to appoint a CEO from the employees who were with the company from the very beginning

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Managing cash is one of the key objectives of a control system

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