The General Rule of Thumb for New Startups Is to ______

question 63

Multiple Choice

The general rule of thumb for new startups is to ______.

• A)avoid seeking investment for as long as possible
• B)try to get as much funding as possible as soon as possible
• C)immediately line up one committed investor with deep pockets
• D)seek many small investments from a wide range of people right away

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Definitions:

AFL

The American Federation of Labor, a historic federation of labor unions in the United States, known for its influence on the labor movement from the late 19th century through the mid-20th century.

Private Detectives

Professionals hired to conduct investigations, often for private individuals or businesses, to gather information and evidence.

Welfare Capitalism

An economic system that combines a mostly market-based economy with extensive social welfare programs.

Paternalistic Nature

An approach or attitude in management in which an entity controls the needs of people in a manner similar to a father's relationship with his children, often by providing for them without giving them rights or responsibilities.