Tor F 29. You are a small company that makes & thinking about entering the boating ina chance of success deploying a vacant niche strategy with a large competitor. small company that makes generators and engines and you are about entering the boating industry. You would have a better ccess deploying a vacant niche strategy versus a head-on 30. A "greenfield venture" has the advantage of not requiring the parent company to have a large pool of talented people and resources at the new ventures disposal, but to be able to compete under a minimalist approach. 31. The creation of a data suite and password tracking system is best done after the investment broker's valuation opinion is issued. 32. In order to protect the value of its acquisition, the acquiring company has an absolute right to enforce a non-compete restriction against all of the target company employees irrespective of whether or not a particular employee has received non-compete compensation or other consideration. 33. Filing a series of product liability test cases against a competitor is considered a guerilla attack and is strictly prohibited by the Sherman Act. 34. In a bankruptcy filing, the company's first obligation is to pay off claims against it in the following first-to-last priority order: supplier creditors, customer advances, employees, taxes. 35. A serial entrepreneur is more likely to manage a particular business personally and for the long-term. 36. Major risks in franchising your business in another country are quality control, brand risk, and product or service changes that alter the core product or service. 37. Incubators are islands of entrepreneurial activity where resources are made available, and formal rules and procedures are ignored in favor of innovation and experimentation. 38. A company targeted for acquisition must have a current record of profitability to be of strategic interest to a potential acquiring company. Tor F 29. You are a small company that makes & thinking about entering the boating ina chance of success deploying a vacant niche strategy with a large competitor. small company that makes generators and engines and you are about entering the boating industry. You would have a better ccess deploying a vacant niche strategy versus a head-on 30. A "greenfield venture" has the advantage of not requiring the parent company to have a large pool of talented people and resources at the new ventures disposal, but to be able to compete under a minimalist approach. 31. The creation of a data suite and password tracking system is best done after the investment broker's valuation opinion is issued. 32. In order to protect the value of its acquisition, the acquiring company has an absolute right to enforce a non-compete restriction against all of the target company employees irrespective of whether or not a particular employee has received non-compete compensation or other consideration. 33. Filing a series of product liability test cases against a competitor is considered a guerilla attack and is strictly prohibited by the Sherman Act. 34. In a bankruptcy filing, the company's first obligation is to pay off claims against it in the following first-to-last priority order: supplier creditors, customer advances, employees, taxes. 35. A serial entrepreneur is more likely to manage a particular business personally and for the long-term. 36. Major risks in franchising your business in another country are quality control, brand risk, and product or service changes that alter the core product or service. 37. Incubators are islands of entrepreneurial activity where resources are made available, and formal rules and procedures are ignored in favor of innovation and experimentation. 38. A company targeted for acquisition must have a current record of profitability to be of strategic interest to a potential acquiring company
