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Write two characteristics of venture capital. |
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Answer» 1. The entry of a lone individual in business is replete with risk and various challenges having wider scope of sources because it begins with a long thought up to the planning of high profitability coupled with greater degree of risk and the venture capital provides an opportunity to overcome all the debentures on way to success. 2. Venture capital generally invested by the firms in the high technological areas and by use of innovative technique, new kinds of merchandise are produced. |
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