The Base of the Pyramid _________

question 56

Multiple Choice

The base of the pyramid _________.

• A)is the use of innovative organizations and business models to create social value
• B)refers to the situation when entrepreneurs strive to change the way people think
• C)refers to the transfer of skills and abilities from one organization to another
• D)describes those living in conditions of extreme poverty around the world

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Definitions:

Elect

To choose or decide on a particular option or choice, commonly referring to making tax-related selections on a return.

Net Capital Loss

It's the loss incurred when the total capital losses from investments exceed the total capital gains for a year.

Capital Loss Carryforward

A tax provision that allows investors to use a net capital loss in one year to offset future capital gains for tax purposes.

Net Capital Gains

The profit from the sale of assets or investments after subtracting any losses, important for tax calculations.