Which of the following is true of entrepreneurial ventures?
A) Companies offering mundane products cannot hope to gain competitive advantage.
B) For start-ups, failure is an exception rather than the rule.
C) Successful companies do not always require a cutting-edge technology or an exciting new product.
D) Acquiring venture capital is essential to the success of most start-up businesses.
E) The odds of survival of an entrepreneurial venture worsen if it grows to at least 10 or 20 people.
Correct Answer:
Verified
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