A Firm That Takes on Too Much Debt Could Experience

question 347

True/False

A firm that takes on too much debt could experience problems repaying its lenders or meeting promises made to stockholders.

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Definitions:

Social Businesses

Companies designed to address social problems with commercial strategies while reinvesting profits back into their missions.

Yunus

Refers to Muhammad Yunus, a Bangladeshi social entrepreneur, banker, and economist known for founding the Grameen Bank and pioneering concepts of microcredit and microfinance.

Social Entrepreneurship

The use of startup companies and other entrepreneurs to develop, fund, and implement solutions to social, cultural, or environmental issues.

Ashoka's Fellows

A select group of social entrepreneurs recognized by the Ashoka organization for their innovative solutions to social problems, who are supported through funding and a global network.