For Startup Firms, Some Products Are Under Development for Years

question 37

Multiple Choice

For startup firms, some products are under development for years before they generate earnings. The upfront costs often exceed a firm's ability to fund these activities on its own. Which of the following reasons that motivate firms to seek funding or financing is illustrated in this example?

• A) cash flow challenges
• B) marketing costs
• C) capital investments
• D) personnel costs
• E) lengthy product development cycles

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Definitions:

Elderly Childless

Older adults who do not have children, which may impact their social support network and considerations for care in later life.

Institutionalized

The process by which individuals are deeply immersed and acclimated into an organized system or structure, such as a prison, hospital, or long-term care facility.

Nonparents

Individuals or couples who either choose not to have children or do not have children due to various circumstances.

Personality Traits

Enduring characteristics or qualities that form an individual's distinctive character and influence behaviors and responses to different situations.