During the startup phase of a company, business and ownership are

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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During the startup phase of a company, business and ownership are 

a.

Managed by the same investors

b.
overlapping: managers and owners at the beginning are the same
c.

Managed by two different individuals

d.

Independent

Expert Solution
Step 1

 the starting of the business lifecycle before your startup is even formally living. You’ve got your business plan and you're able to take this can be the introspection section. It’s wherever you are taking a step back and contemplating the practicability of your business plan, and additionally, raise yourself if you've got what it takes to create it a hit. Once you have canvassed and tested your business plan and area unit glad that it's able to go, it’s time to create it official and launch your startup. A business owner is the legal man of affairs of a business. a personal or cluster that owns the assets of a firm and profits from them.

The Business Owner plays a strategic role and isn't engaged within the daily activities of managing the service. Rather, they target the massive image. They outline the vision and roadmap. they need the information and authority to create strategic selections and clear the trail of political and money obstacles.

An owner will participate within the management of the corporation

 

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