Many Start-Up Firms Never Make It Past the First Few

question 80

True/False

Many start-up firms never make it past the first few months of business,primarily because they lack formal working capital policies.

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Definitions:

Eclectic

Deriving ideas, style, or taste from a broad and diverse range of sources, especially in the contexts of philosophy, architecture, and the arts.

Deinstitutionalization

The policy of moving severely mentally ill patients out of large state institutions and then closing part or all of those institutions; often criticized for leading to inadequate or nonexistent care for the mentally ill.

Cognitive Therapist

A professional specializing in a form of psychotherapy aimed at identifying and altering dysfunctional thought patterns that contribute to negative behaviors and emotions.

Emotional Attachment

The emotional bond that forms between individuals, often characterized by feelings of affection and the desire for closeness.