Firms Need Short-Term Financing to Deal with Seasonal Working Capital

question 86

True/False

Firms need short-term financing to deal with seasonal working capital requirements, negative cash flow shocks, or positive cash flow shocks.

---

Definitions:

Need to Belong

An inherent human drive to form and maintain strong, stable interpersonal relationships.

Psychologists

Professionals specializing in the science of behavior and mind, encompassing all aspects of conscious and unconscious experience as well as thought.

Fear of Failure

An apprehension or anxiety about failing to achieve a goal or success, which can inhibit risk-taking and growth.

Parenting Style

The manner in which parents raise their children, characterized by the combination of warmth and control they offer.