A proposed business (ice cream) should candidly evaluate the prowess, or ability, of its management team to satisfy itself that management has the requisite passion and expertise to launch the venture? Two of the most important factors in this area are: a) The passion that the sole entrepreneur or the founding team has for the business (ice cream) idea? b)The extent to which the sole entrepreneur or the founding team understands the markets in which the firm will participate?

A proposed business (ice cream) should candidly evaluate the prowess, or ability, of its management team to satisfy itself that management has the requisite passion and expertise to launch the venture? Two of the most important factors in this area are: a) The passion that the sole entrepreneur or the founding team has for the business (ice cream) idea? b)The extent to which the sole entrepreneur or the founding team understands the markets in which the firm will participate?

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter4: Choosing A Form Of Business Ownership

Section: Chapter Questions

Problem 6DQ

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