____ provide the venture sponsor with knowledge of industry best practices.

Question

Quizplus · Accepted Answer

Operational partners are typically experienced professionals or companies that have expertise in the industry relevant to the venture. They provide the venture sponsor with knowledge of industry best practices, which are helpful in planning and executing successful operations. Database administrators and call centers may also provide expertise in their respective areas, but they may not necessarily have industry-specific knowledge. Equity partners provide financial support but may not necessarily have expertise in industry best practices.

____ Provide the Venture Sponsor with Knowledge of Industry Best