Take Home Exam E-ship II
Due Dec 11th (COB)
1. An investor is asked to invest $10,000 in a new venture today. The expected return in three years is
$28,000 with a probability of occurrence of 70 percent. Would you recommend this investment?
Facebook Superior features, easy to use, free, can be accessed from any computer or
smartphone, not an ordering service, provides a venue for relationships and community.
Myspace customizable, free, accessible from any computer, supe
Praise competitors. Learn from them. There are
times when you can cooperate with them to
their advantage and to yours.
George Mathew Adams
How can ventures create a strategy to fit the new business
Every new ven
1. What is an Investigational Device Exemption (IDE) and when is it required?
Allows a premarket device or product to be tested in humans. It is required for all PMAs and is
required in small percentage for 510(k).
2. Explain the defining characteristics
First Quarter Projections
Break even point:
Fixed Cost Contribution Margin = Break Even Point
# of Employees 4