Anna Templeton is preparing to launch a home security firm. The team of people that will launch Anna's firm are as follows: Anna (CEO), Trevor (VP-Finance), Carrie (VP-Sales), a six person Board of Directors, a five person Board of Advisors, and Anna's primary investor, who will assume an advisory role. The group of people that will launch Anna'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 Anna's firm is called its new venture team. Therefore, option C is the best choice. The other choices listed, such as startup squad or troop, are not commonly used terms in the business world. Option B, new venture panel, could be a possible alternative, but it implies a more formal, advisory role rather than a team actively involved in launching the venture. Option D, startup cadre, is also not as commonly used and may sound too militaristic.

Anna Templeton Is Preparing to Launch a Home Security Firm