1. ‘It is always prudent to enter into a firm stockholders’ agreement between founding team members of the venture in the beginning itself, if there are two or more founders.’ What can be the...

1. ‘It is always prudent to enter into a firm stockholders’ agreement between founding team members of the venture in the beginning itself, if there are two or more founders.’ What can be the consequences of not doing so?

4. ‘Entrepreneurs need to manage sales by clear understanding of the market, marketing strategies and positioning.’ Analyse the relevance of this statement for a manufacturing and software industry by considering a concrete example.