The Major Incentive for Cost Minimization Is the

question 26

Multiple Choice

The major incentive for cost minimization is the

• A)power of shareholders in the company.
• B)fear of top management by workers.
• C)discipline imposed by the market system.
• D)impact on U.S.corporations of taxing by the government.

Distinguish between different fundraising strategies, including bootstrapping, crowdfunding, and seeking formal investments.

Understand the role and impact of digital platforms in facilitating crowdfunding and crowdsourcing efforts.

Comprehend the benefits and drawbacks of bootstrapping for entrepreneurs and startups.

Identify the various models of crowdfunding and their characteristics.

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Definitions:

Google Sites

A tool offered by Google that allows users to create websites for personal or professional use without needing to know coding.

Online Searches

The process of using internet search engines to find information on the web.

Media Accessibility

The extent to which various forms of media are available and usable by people with disabilities or those lacking advanced technology.

ICANN

The Internet Corporation for Assigned Names and Numbers, responsible for coordinating the maintenance and methodologies of several databases related to the namespaces of the Internet, ensuring the network's stable and secure operation.