Exam 13: Entrepreneurial Growth

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Name some of the sources of financing.What features do creditors look for in growing organizations?

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What is the least likely to lead to a failure in growth management?

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What are the components of the cash cycle? How can the company improve its cash conversion period?

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What is the danger of chasing too many opportunities? Explain the significance of the opportunity domain.

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After tracking key metrics in your company's performance, what should alert you that it may be time to consider making adjustments in your policies?

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The Cash Cycle shows the relationship between three key metrics: days in payables, assets turnover, and days sales are outstanding

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It is possible to have a negative cash conversion period

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Why is a control system so important for a growing organization? What are the features of a well-functioning control system?

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Which of the following are signs that your venture may be growing too fast?

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Which of the following is a sign that an entrepreneur is delegating well.

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Tracked items and metrics should be focused on supporting specifically anticipated decisions to the greatest extent possible.

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Performance measures for a growing firm should be simple and inexpensive to track

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The most critical first task in transitioning a business beyond the startup stage is to sustain an entrepreneurial organization.

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Stockholders have the largest impact on a firm's growth potential

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The opportunity domain is one of the four driving forces in the growth stages of any firm.

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During the early growth, the entrepreneur needs to focus on the company's strategy

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What purpose should the board of directors serve as a company professionalizes?

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What best characterizes an entrepreneur?

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The majority of your performance tracking efforts should be focused on your competition during your initial growth stages.

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Discuss some ways to help an organization remain entrepreneurial as it implements control systems.

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