According to the Text, in Addition to Financial Resources, Young

question 15

Multiple Choice

According to the text, in addition to financial resources, young firms often need the following resources, except:

• A) social capital.
• B) logistics support.
• C) human capital.
• D) government resources.

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Definitions:

Total Revenue

The total income received by a firm from the sale of its goods or services before any costs or expenses are deducted.

Opportunity Cost

The value of the next best alternative that is forgone when making a decision.

Hardware Store

A retail business specializing in selling tools, building materials, and supplies for home improvements, repairs, and maintenance projects.

Building Uses

Pertains to the designated purposes or activities for which a building is designed, occupied, or intended to be used.