Buy custom Launching A High Risk Business
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2406 |
Essay's paper body
A startup needs a lot of money; it’s a big risk however with a high return if successful.
Major Sections
Research & Development
Initially, in my first few runs I would grant 100% of the requested funds only when I had a good sum of cash. However, I would decrease the amount granted when I was low or close to bankruptcy...
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The reason I used to decrease the amount of funds granted to R&D when I was low on cash was due to the fact that the R&D was very expensive. However, I learnt that this was not a sound decision. By not granting the requested amount I was falling into major problems:
1. The R&D team performance level would fall since I did not give them what they wanted...
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General points of the essay
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