Why Do Most Firms Need Funding? Provide a Brief Explanation

question 47

Essay

Why do most firms need funding? Provide a brief explanation of each reason.

---

Definitions:

Storage Devices

Hardware used to store and retain digital data, such as hard drives, SSDs, USB flash drives, and memory cards.

Audio And Video

Refers to the technology and devices used to record, process, store, and playback sound and moving images.

Connector

A device or tool that joins electrical terminations to create an electrical circuit, facilitating communication and power supply between devices.

Establish A Theory

The process of developing a principle or explanation that accounts for a set of facts or phenomena, often as a basis for further investigation or experimentation.