________ Financing Involves Using Any Possible Methods for Conserving Cash

question 65

Multiple Choice

________ financing involves using any possible methods for conserving cash.

• A) Bootstrap
• B) SBIR
• C) Private placement
• D) Floor planning

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Definitions:

Profit

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Strategic Planning

A systematic process of envisioning a desired future and translating this vision into broadly defined goals and a sequence of steps to achieve them.

Implementing Tactics

Refers to the process of putting strategic plans into action to achieve specific goals.

Functional Areas

Departments or teams within a business that focus on specific functions or activities like marketing, finance, operations, or human resources, contributing to the organization's overall goals.