What are the two potential pitfalls of using a team to start a firm?
Question:
What are the two potential pitfalls of using a team to start a firm?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
First the team members may not get along ...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 978-0134729534
6th edition
Authors: Bruce R. Barringer, R. Duane Ireland
Question Posted:
Students also viewed these Business questions
-
Write a response to the following question. "Under what conditions should a manager use each of the following rules/options for pricing decisions: (a) MAXIMAX rule (b) MAXIMIN Rule (c) MINIMAX Regret...
-
Explain four potential pitfalls in using accounting data in decision making.
-
What are potential pitfalls of using presentation software to create graphics? What advice do you suggest for producing an effective graphic using presentation software?
-
1. (9 pts) Consider a supply chain with a manufacturer and a retailer. The product is offered for a single season. Suppose the manufacturer produces at a cost of $30/unit. The manufacturer sells to...
-
A bond has a market price that exceeds its face value. Which of the following features currently apply to this bond?? I. discounted price? II. premium price? III. yield-to-maturity that exceeds the...
-
Three Turtles is a specialty pet gift shop selling exotic pet-related items online. The shop has no physical location. Results for last year are shown next: For internal planning and decision-making...
-
The data below represent the fraction of active chlorine in a chemical product as a function of time after manufacturing. a. Construct a scatterplot of the data. b. Fit the Mitcherlich law (see...
-
Steve has been operating Castle Creek Restaurant in Ontario for the past several years. On the basis of the information that Steves accountant filed with the CRA during the prior year, Castle Creek...
-
An authentic autographed Johnny Football has the following whole-number demand history by quarters over 3 years. For your convenience, assume that the sum of demands = 536; average demand = 44.67;...
-
Consider a system that allocates pages of different sizes to its processes. What are the advantages of such a paging scheme? What modifications to the virtual memory system are provide this...
-
What is the difference between inside and outside directors?
-
1. In retrospect, Brinckerhoff believes that it would have been to Devvers advantage to have had a business-oriented cofounder as part of Devvers new-venture team. 2. Do you think the reverse is...
-
For each function that is one-to-one, (a) write an equation for the inverse function, (b) graph and -1 on the same axes, and (c) give the domain and range of both f and -1 . If the function is not...
-
describe your personal level of career adaptability.Also describe one domain of career adaptability you think you need to further explore
-
Dazzle Fashion is a clothing retailer. During August, the company completed a series of transactions. For each of the following items, give an example of a transaction that has the described effect...
-
(a) Interest on notes payable of $307 is accrued. (b) Services performed but unbilled total $1,468. (c) Salaries and wages earned by employees of $754 have not been recorded. (d) Bad debt expense for...
-
George Forbes, a Chartered Accountant, operates an accounting office under the name George Forbes, Chartered Accountant. On June 3 0 , 2 0 0 3 , the balance sheet showed Cash $ 3 , 0 0 0 , Accounts...
-
What specific HRM practices are likely to be associated with an organization being characterized as having a resilient and adaptable culture (and having resilient and adaptable employees)? Discuss
-
Mike Riskless is considering two projects. He has estimated the IRR for each under three possible scenarios and assigned probabilities of occurrence to each scenario. Riskless is aware that the...
-
I frequently use NY Times and CNN and am aware of Fox News but I never use it. I visit these sites, NY Times and CNN, a few times a week whenever I have to research something or see something on...
-
What is meant by the term working capital? Why is working capital an important consideration for entrepreneurial firms?
-
What are the major categories of assets and liabilities on a balance sheet? Briefly explain each category.
-
What are the major categories of assets and liabilities on a balance sheet? Briefly explain each category. Discuss.
-
Martinez Company buys merchandise on account from Marigold Company for $592. Martinez sells the goods to Ellis for $900 cash. Use a tabular summary to record the transactions for Martinez Company...
-
The section has tension and compression steel reinforcement. When the neutral axis depth is at infinity, c = , the section is in uniform compression, all points on the section have 0.003 compressive...
-
The Big Choo Choo Company (BCCC) owns a rail line from the town of Isolated to the coastal port of Notso. It cost them $20 million to build the rail line in 2016. It is now 2023. The Small Gold...
Study smarter with the SolutionInn App