Which of the Following Is a Difference Between a Small

question 9

Multiple Choice

Which of the following is a difference between a small business and a high-growth venture?

• A) For a small business,the preferred funding source is other people's money,whereas for a high-growth venture,it is the owner's own money.
• B) For a small business,the personal control preference is to involve others,whereas a high-growth venture prefers to retain autonomy.
• C) A small business focuses on effectiveness,whereas a high-growth venture focuses on efficiency.
• D) A small business grows when necessary,whereas a high-growth venture grows when possible.

---

Definitions:

Credit Card Companies

Financial institutions that issue credit cards and manage accounts, facilitating electronic payments and extending credit to consumers.

Minimum Payment

The smallest amount of money that one must pay on a debt for a particular period, often used in the context of credit card debts.

Financial Distress

A situation where an individual or company cannot meet or has difficulty paying off its financial obligations to creditors.

Anchored

A cognitive bias where an individual relies too heavily on an initial piece of information (the "anchor") when making subsequent judgments or decisions.