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In selecting outside advisors, what are the most important criteria, and why?

How would you structure governance in your entrepreneurial venture?

Would you have a Board of Directors, a Board of Advisors, or both? Why?

***Must reference two scholarly sources in addition to text book (Wheelen, T. L. and Hunger, J. D. (2012). Concepts in Strategic Management and Business Policy: Toward Global Sustainability (13th ed))***

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