You Wish to Take an Excel Course

question 23

Multiple Choice

You wish to take an Excel course. You may enroll at one within your school or you may take a community class at the local library. You've gathered the following information to aid in your decision-making process. If you enroll in the community class, you will be unable to work at your regular job on weekends for the eight weekend days when the class meets. If you typically earn $500 per weekend shift, which option would you choose (considering enrollment cost and opportunity cost) ?

• A) Neither alternative
• B) College course
• C) Community course
• D) Both alternatives

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Definitions:

Crowdfunding Efforts

Initiatives taken to raise funds for a project or venture by soliciting small contributions from a large number of people, typically via the internet.

Bootstrapping

A self-funding approach wherein an entrepreneur starts a company with personal finances or the revenue generated by the business, rather than external investment.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise in the hope of making a profit.

Angel Investors

Wealthy individuals who provide capital for start-ups or small businesses in exchange for ownership equity or convertible debt.