Which of the Following Statements Is True of a Sustainable

question 5

Multiple Choice

Which of the following statements is true of a sustainable start-up plan?

• A)It includes external stakeholders in the ongoing operation of the organization.
• B)It focuses on achieving tangible and quantifiable financial goals.
• C)It highlights opportunities available for outperforming existing competitors.
• D)It focuses on creating a demand for a company's products or services.

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Definitions:

Accounts Payable

The sum of money owed by a business to its vendors or lenders for products and services acquired on credit.

Top-Down Approach

An investment strategy that begins with analyzing macroeconomic factors before drilling down into the specifics of individual securities.

Operating Cash Flow

Cash generated from a company's normal business operations, indicating whether a company can maintain or grow its operations without new financing.

Comprehensive Income

The total change in equity for a reporting period other than from transactions with owners.