Penelope Independently Owns and Operates Olive Inc

question 85

Multiple Choice

Penelope independently owns and operates Olive Inc., a company with 45 employees. She tends not to manage particularly aggressively and expects moderate sales, profits, and growth. Penelope's company is not considered an) _____ venture.

• A) entrepreneurial
• B) intrapreneurial
• C) franchise
• D) small business
• E) independent

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Definitions:

Bond Sales

The process of selling debt securities or bonds to investors as a way of raising capital for governmental bodies or corporations.

Interest Rates

The cost of borrowing money or the return on savings, usually expressed as a percentage.

Lower

To reduce in height, intensity, or amount.

Short-term Sources

Financial resources or funding options available to a company for a period typically less than a year, used to fulfill immediate financial needs.