Page 111 - THE CARIBBEAN ADVANCED PROFICIENCY EXAMINATIONS

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40. At which stage of the venture life cycle 43. Which of the following strategies can
does the entrepreneur create the promote success in E-commerce?
capacity to possess the product or
service? (A) Focusing on market needs
(B) Minimizing the use of emails
(A) Start-up (C) De-emphasizing strategic
(B) Innovation alliances
(C) Venture growth (D) Focusing on corporate social
(D) New venture development responsibility

41. Which of the following is a factor to 44. The stage in the venture life cycle where
consider before launching into the entrepreneur can consider entering
E-commerce? other target markets is described as

(A) Location (A) growth
(B) Nationality (B) decline
(C) Bandwidth (C) start-up
(D) Data mining (D) business stabilization

42. Which of the following venture 45. One reason for valuing a venture fairly
valuation methods takes the time value accurately is to
of money into account?
(A) promote goodwill
(A) Book value (B) avoid under-harvesting
(B) Price earnings (C) enhance accountability
(C) Payback period (D) avoid customer complaints
(D) Discounted future earnings

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