Using a New-Old Approach to Creating a New Venture Is

question 10

Multiple Choice

Using a new-old approach to creating a new venture is often called:

• A) Riding the coattails
• B) Bleeding Edge
• C) Piggybacking
• D) Bootstrapping

---

Definitions:

Transfer Price

The rate assigned to commodities or services moved between branches or associated companies of the same entity.

Valve Division

A specialized unit within a company focused on the production and distribution of valves.

Variable Expenses

Costs that change in proportion to the level of goods or services a business produces.

Transfer Price

The amount at which commodities and services are dealt among subdivisions within the same business entity.