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Entrepreneur Challenge MCQs

What is an Exit Strategy?

The method by which a venture capitalist or business owner intends to get out of an investment that he or she has made in the past.

As outlined in Lee Iacocca's book, it is the gift you provide to a Japanese business man/woman at after a meeting to leave them feeling positive about working with you

Part of a disaster relief plan which outlines how to leave a building in response to an emergency.

Defining how a users logs out of your website or service

Answer

Correct Answer: The method by which a venture capitalist or business owner intends to get out of an investment that he or she has made in the past.

Explanation:

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