What Are the "3 Fs

question 19

Multiple Choice

What are the "3 Fs"?

• A)The three major sources of formal funding.
• B)A slang term meaning angel investors.
• C)Your circle of family, friends, and fools willing to help you with your initial startup.
• D)Free financial funding.

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Definitions:

Domestic Firm

A company that operates within the borders of its home country, as opposed to internationally.

Overseas Markets

Foreign sectors where goods, services, and investments cross national borders for trade.

Multidomestic Corporations

Companies that operate in multiple countries, adapting their products and practices to each local market.

Independent Companies

Businesses that operate on their own, without being controlled by or affiliated with a larger conglomerate or parent company.