Steven and Emily Campbell Are Planning to Open a Casual

question 5

Multiple Choice

Steven and Emily Campbell are planning to open a casual dining restaurant in downtown Akron, Ohio, and need $125,000 to get started. They have $50,000 of their own money, which leaves $75,000. After getting turned down by a couple of banks, they decided to turn to their relatives and acquaintances for help. Fortunately, they were able to raise the money through a gift from Steven's grandfather, a loan from Emily's parents, and a small investment by Steven's best friend in college, Doug. The money that an entrepreneur raises in this manner is referred to as ________.

• A) friends and family
• B) bootstrapping
• C) networking money
• D) compassion money
• E) legacy money

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Definitions:

Online Résumés

Digital versions of one's professional qualifications, experience, and skills, typically hosted on websites or job platforms to attract employment opportunities.

Social Media Résumé

A type of résumé that includes social media links and content showcasing the applicant's skills, work, and personality online.

Video and Infographics

Visual content mediums that convey information or data graphically and through moving images to simplify complex ideas.

Design Strategy

An approach and planning process for creatively solving problems, focusing on realizing specific goals or outcomes through design.