2. It is said that ‘investors do not just bet on the horse [the business plan], they bet on the management team led by the CEO’. What parameters may help investors to understand the strength of a...

2. It is said that ‘investors do not just bet on the horse [the business plan], they bet on the management team led by the CEO’. What parameters may help investors to understand the strength of a team?

3. What constitutes an effective management team?

4. Define an entrepreneurial team.

5. Why is it usually said that business plans prepared by college going students or friends and relatives may usually cause many hindrances at the time of launching a business? Explain.