Mabel Has a Business Idea of Starting a Store That

question 51

Multiple Choice

Mabel has a business idea of starting a store that would only sell hair products. Although she needs to raise capital to start her business, she does not want to share the ownership of her firm with anyone else. With a good appetite for risk, which of the following financing resources would be most ideal for her to start her business?

• A) Personal credit cards
• B) Angel investors
• C) Venture capital firms
• D) Microloan program from the U.S. Small Business Administration

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Definitions:

Democratic Collective Action

A form of action taken by a group of individuals who organize or unite democratically to achieve common goals or address a common issue.

Collective Action

Joint efforts by individuals or groups to achieve a common objective, often used in the context of protests, social movements, or collaborative projects.

Social Movements

Organized collective efforts aimed at promoting or resisting change in society.

Lynch Mobs

Groups of people who take the law into their own hands to execute summary justice, often without a fair trial.