Why Did Beepi Fail Even Though It Raised Over $150

question 48

Multiple Choice

Why did Beepi fail even though it raised over $150 million?

• A)There was a lawsuit over the business idea.
• B)The founders spent through money too quickly.
• C)Nobody wanted peer-to-peer used cars.
• D)The founders were too inexperienced.

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Definitions:

Teleology

A philosophical approach that explains phenomena by their ends or purposes, emphasizing that actions and entities are goal-directed.

Desired Result

The specific outcome or goal that an individual or organization aims to achieve through their actions or strategies.

Self-Interest

The pursuit of personal gain or advantage, often considered in the context of how it influences human behavior and decision-making.

Utility

In ethics and economics, the concept of creating the greatest happiness or benefit for the greatest number of people.