Multiple Choice
When entrepreneurs "bootstrap" their financing, this means that they are
A) enhancing the "corporate image" of their enterprise by the way they raise capital.
B) depending on their own initiative to come up with the capital necessary to start up and grow.
C) subordinating future capital formation to short-term financial performance.
D) waiting to establish a reputation in the marketplace before raising the bulk of their capital.
Correct Answer:
Verified
Correct Answer:
Verified
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