Orion Inc. was started as a small organization with five employees. After the first year's profits were made, the owners decided to invest the profits in expanding the business. This is an example of financing the business using ________.
A. benchmarking
B. bootstrapping
C. outside equity
D. piggybacking
Answer: B
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According to the text, organizational designers in the IC must be aware that the gain that is achieved from increased specialization of labor may sometimes be nullified by
A. the increased cost of coordination. B. increasing costs of marketing and branding. C. the increased cost of product development. D. increased costs from unionization. E. the increased cost of geographic expansion.
Police are allowed to set up legitimate "sting" operations to catch persons engaged in criminal activity; such activities do not constitute ________
A) debasement B) entrapment C) deferment D) entitlement
A post-closing trial balance is a list of permanent accounts and their balances from the ledger after all closing entries are journalized and posted.
Answer the following statement true (T) or false (F)
It is ethical for an attorney to file a frivolous lawsuit
Indicate whether the statement is true or false