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The Lean Launch Pad (LLP) approach to new ventures involves searching for an appropriate business model. All of the following entries regarding this process are true, except for one entry which is incorrect. Select the incorrect entry. (Select one.) The first set of activities is to develop hypotheses that can be tested as part of the LLP process. The value of the venture business model depends heavily on the quality of the business plan on which it is based. 0 The vision of the founders and their assumptions about the intended market play an important role in the LLP process. 0 od Extensive interviews with potential customers, partners and suppliers is an essential part of the search for an appropriate business model For a venture in startup and early growth, anticipating the need for future rounds of venture capital, which of the following situations is the least favorable? (Choose one.) Time to close is about equal to time to OOC. On Time to close is short compared to time to OOC. The relationship between time to close and time to OOC is of little significance. u Od Time to close is long compared to time to OOC. The Lean Launch Pad (LLP) approach to new ventures involves searching for an appropriate business model. All of the following entries regarding this process are true, except for one entry which is incorrect. Select the incorrect entry. (Select one.) The first set of activities is to develop hypotheses that can be tested as part of the LLP process. The value of the venture business model depends heavily on the quality of the business plan on which it is based. 0 The vision of the founders and their assumptions about the intended market play an important role in the LLP process. 0 od Extensive interviews with potential customers, partners and suppliers is an essential part of the search for an appropriate business model The Lean Launch Pad (LLP) approach to new ventures involves searching for an appropriate business model. All of the following entries regarding this process are true, except for one entry which is incorrect. Select the incorrect entry. (Select one.) The first set of activities is to develop hypotheses that can be tested as part of the LLP process. The value of the venture business model depends heavily on the quality of the business plan on which it is based. 0 The vision of the founders and their assumptions about the intended market play an important role in the LLP process. 0 od Extensive interviews with potential customers, partners and suppliers is an essential part of the search for an appropriate business model For a venture in startup and early growth, anticipating the need for future rounds of venture capital, which of the following situations is the least favorable? (Choose one.) Time to close is about equal to time to OOC. On Time to close is short compared to time to OOC. The relationship between time to close and time to OOC is of little significance. u Od Time to close is long compared to time to OOC. The Lean Launch Pad (LLP) approach to new ventures involves searching for an appropriate business model. All of the following entries regarding this process are true, except for one entry which is incorrect. Select the incorrect entry. (Select one.) The first set of activities is to develop hypotheses that can be tested as part of the LLP process. The value of the venture business model depends heavily on the quality of the business plan on which it is based. 0 The vision of the founders and their assumptions about the intended market play an important role in the LLP process. 0 od Extensive interviews with potential customers, partners and suppliers is an essential part of the search for an appropriate business model