Melvin funds small businesses that he believes have the potential to grow large. When these companies are still in their initial stages and need investment, he purchases stock at a low price and later sells them at higher prices when they are successful. Thus, Ramon is a(n)Multiple Choiceintrapreneur.trade creditor.franchisee.venture capitalist.franchiser.
Question
Melvin funds small businesses that he believes have the potential to grow large. When these companies are still in their initial stages and need investment, he purchases stock at a low price and later sells them at higher prices when they are successful. Thus, Ramon is a(n)Multiple Choiceintrapreneur.trade creditor.franchisee.venture capitalist.franchiser.
Solution
Melvin is a venture capitalist.
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