An informal panel of experts and other people who are interested in seeing the new venture succeed is a/an ____.
A)mentor board
B)startup team
C)virtual team
D)advisory board
E)consulting firm

Question

Quizplus · Accepted Answer

An advisory board is a group of individuals selected to help advise a business owner regarding any number of business issues, including marketing, sales, financing, expansion, and product development. Unlike a Board of Directors, an advisory board does not have authority to vote on corporate matters or bear legal fiduciary responsibilities. Business owners often create advisory boards to gain expertise and insights from others, to help make better decisions.

An Informal Panel of Experts and Other People Who Are