Growing Firms Should Be Able to Rely on Internally Generated

question 16

True/False

Growing firms should be able to rely on internally generated funds since external funding is expensive and unreliable.

---

Definitions:

Economic Status

The position of an entity or individual within a social structure, defined by income, wealth, and occupation, influencing their access to resources and power.

Homogeneous Group

A group whose members have similar backgrounds, interests, or characteristics.

Latino Middle Class

A demographic group within the Latino community experiencing upward social mobility, often characterized by higher education levels, professional employment, and increased household income.

Increased Access

The expansion of opportunities and resources available to individuals or groups.