What Is the Major Drawback to Debt Financing

question 113

Short Answer

What is the major drawback to debt financing?

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Definitions:

Strategic Roles

Specific, critical functions played by individuals or groups within an organization intended to drive the fulfillment of its long-term goals.

Business Partner

A collaborative relationship between two commercial entities that is typically strategic, with both parties working together to achieve common goals.

Change Agent

An individual inside or outside an organization who promotes and facilitates change within the organization, often facing resistance.

Information Technology (IT)

The use of computers, networks, and other physical devices to create, process, manage, and exchange data and information.