Credit Cards Are Not Suitable Sources of Long-Term Funding for Start-Up

question 7

True/False

Credit cards are not suitable sources of long-term funding for start-up companies.

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Definitions:

Technological Condition

Refers to the state and level of technological advancement and infrastructure in a particular area or society.

Online Pastimes

Activities or hobbies that individuals engage in on the internet, such as gaming, social media, or consuming digital content.

Virtual Meetings

Gatherings conducted via telecommunication technologies, allowing participants to interact without physical co-location.

Competitive Advantage

The distinctive characteristics or situations that enable a company to surpass its rivals in performance.