When an Entrepreneur Wishes to Start a Business, Capital Must

question 10

Multiple Choice

When an entrepreneur wishes to start a business, capital must be attracted in the form of:

• A) net income.
• B) cost of goods sold.
• C) operating activities.
• D) equity or debt financing.

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Definitions:

Egocentrism

The cognitive inability to understand or assume any perspective other than one's own, commonly seen in early childhood development.

Piaget

Swiss psychologist known for his pioneering work in child development and his theory of cognitive development explaining how children acquire knowledge.

Theory of Mind

The cognitive ability to understand that others have beliefs, desires, and intentions that are different from one's own.

Piaget

Swiss psychologist known for his pioneering work in child development and his theory of cognitive development stages.