Young Companies Have Also Used the Web to Raise Money

question 47

Multiple Choice

Young companies have also used the Web to raise money from small investors.This development is known as

• A)crowdfunding
• B)group funding
• C)Internet funding
• D)venture sourcing

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Definitions:

New Product Development

A process used by companies to conceptualize, design, develop, and finally launch a new product in the market.

Nondurable Good

A product that is consumed or has a short life span, typically less than three years, such as food, fuel, or paper products.

Intangible Activities

Actions or processes that cannot be physically touched or measured, often associated with services, experiences, or intellectual properties.

Fitness

A state of health and well-being, often achieved through regular physical activity, proper nutrition, and adequate rest.