Jenny Templeton is preparing to launch a home security firm. The team of people that will launch Jenny's firm are as follows: Jenny (CEO), Brent (VP-Finance), Carrie (VP-Sales), a four-person Board of Directors, a five-person Board of Advisors, and Jenny's primary investor, who will assume an advisory role. The group of people that will launch Jenny's firm is called its:
A) startup squad
B) new venture panel
C) new venture team
D) startup cadre
E) startup troop

Question

Quizplus · Accepted Answer

The group of people that will launch Jenny's firm is called a "new venture team." This term is commonly used to refer to the group of individuals who come together to start a new business venture. The other choices (startup squad, new venture panel, startup cadre, and startup troop) are not commonly used terms to describe this type of team.

Jenny Templeton Is Preparing to Launch a Home Security Firm