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2 pts Question 15 There are two major causes of business failure that, with some effort on the part of the entrepreneur, are, in many

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2 pts Question 15 There are two major causes of business failure that, with some effort on the part of the entrepreneur, are, in many cases, avoidable. They are: inability to find needed talent and currency fluctuations poor timing and lack of proper preparation ineffective business partners and economic downturns lack of resources and fierce industry competition 2 pts Question 16 A Venture Capital investor is all of the following except: Usually requires Board positions in the company to help exert control over management, Usually organized as a form with a fund. Employees of the firm are professional investors. Usually writes checks that are less than $10k, and does not care about Rate of Retum Typically prefers high growth, large markets, and companies with competitive advantage

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