What Is the Most Common Way That Entrepreneurs Finance the Start-Up

question 64

Multiple Choice

What is the most common way that entrepreneurs finance the start-up of a new business?

• A) Self-financing from savings or credit cards
• B) Loans from friends, family, or business associates
• C) Bank loans
• D) Lines of credit
• E) Venture capital

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Definitions:

Unconscious

The part of the mind that is inaccessible to the conscious mind but affects behavior and emotions.

Memories Consolidate

The process in which memories become stable in the brain after initial acquisition.

Intuition

is the ability to understand or know something immediately, without the need for conscious reasoning.

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making by reducing complex problem-solving to simpler judgments.