Business in Action
Business in Action
9th Edition
ISBN: 9780135198100
Author: BOVEE
Publisher: PEARSON CO
Question
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Chapter 16, Problem 1CTQ
Summary Introduction

Case summary: In certain enterprises and with some business models, growth prospective is firmly connected to some part of physical limit or HR. Organizations that rely upon physical limit like this can just develop in a direct manner, which can be moderate and costly. At the point when Person KJ and her husband Person J who was the cofounder, pondered subsidizing for their business, they realized they had computerized adaptability on their side. The framework does not require work or production limit past registering transmission capacity, which is effectively versatile nowadays because of distributed computing administrations. With a neglected market need and a versatile business model, Company CB was a prime contender for investment financing. The framework does not require work or production limit past figuring data transfer capacity, which is effectively versatile nowadays because of distributed computing services.

Characters in the case: Person KJ, Person J and Company CB.

To Discuss: The professional service businesses might be able to use an automated matchmaking services.

Expert Solution & Answer
Check Mark

Explanation of Solution

The professional service businesses might be able to use an automated matchmaking services is as follows:

Investors are incredibly particular, so to build the chances of being picked, entrepreneurs may need to pitch too many investors before getting a piece. Networking, both casually and in sorted out occasions, can bring about acquaintances with investors, compelling individuals who know investors, and other industry insiders who may most likely assistance.

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