The Results of Forecasting Asset Requirements for a Startup Business

question 52

Multiple Choice

The results of forecasting asset requirements for a startup business will only be as good as its

• A) conjectures
• B) assumptions
• C) historical data
• D) primary data

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Definitions:

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity and uncertainty.

Entrepreneurship

The process of designing, launching, and running a new business or venture.

Primary Dimension

Fundamental or essential aspects or elements of a subject, object, or concept.

Ethnic Heritage

The background, traditions, values, and customs passed down through generations within a particular ethnic group.