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Phillip and Reed Have Developed a New Technology for Home

question 135

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Phillip and Reed have developed a new technology for home computer systems.However,they need to raise a large amount of capital to build the production and support facilities to market their product successfully.Which of the following business types would be best suited to help the company raise the necessary capital to begin production?


Definitions:

Psychosocial Development

Erik Erikson's theory that human development consists of eight stages from infancy to adulthood, with each stage presenting a unique challenge that impacts the individual's personality and social relationships.

Heredity

The passing of traits from parents to offspring through genes, influencing characteristics such as appearance, behavior, and disease predisposition.

Longitudinal Study

Research that follows the same subjects over a period of time, observing changes or development in those subjects.

Development

The process of change or growth that occurs in organisms over time, often referring to physical, cognitive, or emotional maturation.

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