Apple Was in the ____ Stage When It Was Created

question 47

Multiple Choice

Apple was in the ____ stage when it was created by Steve Jobs and Stephen Wozniak in Wozniak's parents' garage.

• A) collectivity
• B) entrepreneurial
• C) formalization
• D) elaboration

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Definitions:

Risk-Free Rate

The theoretical rate of return on an investment with zero risk, typically represented by government bonds of a stable country.

Diversified Portfolios

A strategy that mixes a wide variety of investments within a portfolio to minimize risks.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

Equally-Weighted Portfolio

An investment portfolio in which each asset is allocated the same proportion of the total investment, regardless of the asset's market value.