Complete the Following Statements

question 5

Short Answer

Complete the following statements.
One of the major disadvantages of the emergent approach is that it can be difficult to explain your ______ to other people, including potential financiers and partners. This may be appropriate for some kinds of venture, including those that are less ______ and more ______.

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Definitions:

Par Value

A nominal value assigned to share certificates, bond certificates, or currency, which has little bearing on its market value.

General Journal

A bookkeeping ledger that records each transaction of a company in chronological order.

Reacquired

Pertains to items or shares that a company purchases back from investors or stakeholders, bringing them back into company possession.

Stockholders' Equity

The remaining value of a company's assets once all debts are subtracted, symbolizing the equity stake of its shareholders.