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Shaun Connor,Human Resources Manager forAmerican Oil Terminals (AOT) ,is reviewing the operator training hours at AOT nationally.His staff compiled the following table of national statistics on operators training hours. What can Shaun conclude from these statistics?
Formal Funding
Financial investments obtained through official channels, such as banks, investment firms, or public offerings, to support business operations.
Angel Investors
Affluent individuals who provide capital for a business start-up, usually in exchange for convertible debt or ownership equity.
Crowdfunding
Gathering small sums of money from many people to finance a project or endeavor, commonly done online.
Bootstrapping
A method where entrepreneurs start their company with minimal capital, relying on personal finances and revenue from the business rather than seeking external investment.
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