Which of the Following Was Not Identified in the Textbook

question 40

Multiple Choice

Which of the following was not identified in the textbook as a common (and sound) bootstrapping strategy?

• A) coordinate purchases with other businesses
• B) hire interns
• C) minimize personal expenses
• D) buy rather than lease equipment
• E) obtain payments in advance from customers

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Definitions:

Supplemental Nutrition Assistance Program

The Supplemental Nutrition Assistance Program (SNAP) is a federal assistance program in the United States that provides food-purchasing assistance for low- and no-income people.

Cash-Vouchers

These are instruments provided to individuals or entities which can be exchanged for goods or services instead of using actual cash.

Income Equality

The equal distribution of income among all members of society, aiming to reduce economic disparities.

Economic Efficiency

A situation in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.