What Is the Name Given to the Process of Building

question 27

Multiple Choice

What is the name given to the process of building a business with very little,or no,funding?

• A)seed startup
• B)bootstrapping
• C)zero funding
• D)skeleton funding

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Definitions:

Dialogue

The process of open and meaningful communication that allows for the exchange of ideas, thoughts, and information.

Virtual Teams

Comprise individuals who collaborate on projects or tasks while geographically dispersed, often communicating and coordinating their work via digital platforms.

Functional Groups

Clusters within an organization that are formed based on specific roles, expertise, or tasks to achieve common objectives.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.