According to the text,new ventures launched by entrepreneurial teams are more likely to be successful than ventures launched by
A) established corporations.
B) lone wolf entrepreneurs.
C) bootstraps.
D) individual investors.

Question

Quizplus · Accepted Answer

Managers need to have a strong base of experience, extensive domain knowledge, and an ability to make rapid decisions and change direction as needed. In the case of start-ups, more is better. New ventures that are started by teams of three, four, or five entrepreneurs are more likely to succeed in the long run than are ventures launched by lone wolf entrepreneurs.

According to the Text,new Ventures Launched by Entrepreneurial Teams Are