The Basic Factors That Determine How a Business Is Financed

question 92

True/False

The basic factors that determine how a business is financed are restricted to the business's past economic performance, the nature of its assets, and the personal preferences of owner(s) with respect to the marketing mix.

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Definitions:

Cumulative Evolution

The process in which changes accumulate over time, leading to significant development or transformation in a system, organism, or technology.

Configurable Computing Resources

Computing components like CPU power, memory, and storage that can be adjusted or scaled according to the needs of the user or application.

On-Demand Access

Provisioning immediate access to resources or services whenever and wherever they are required by the user, similar to "on-demand" but emphasizing the accessibility aspect.

Pay-As-You-Go

A payment model where services or goods are paid for as they are used, rather than through a subscription or upfront fee.