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givi [52]
4 years ago
11

"Thomas has started a new business venture for which he has been using highly economical resources, such as the market research

data available in public libraries, low-interest funds borrowed from national banks, and equipments hired on lease. This technique used by Thomas to overcome resource constraints in his start-up firm is best known as _____."
Business
1 answer:
Diano4ka-milaya [45]4 years ago
7 0

Answer:

Bootstrapping

Explanation:

Bootstrapping is a business term which means starting and growing a business or company without any external resources but personal resources of the entrepreneur such as personal savings, personal equipment like computers, personal landed property or space, etc. Such company or business started and expanded based on the personal resources of the entrepreneur and the income the business generated.

Advantages of Bootstrapping a company.

a. There is total control over such business with no external influence.

b. Careful resource management.

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Answer:

18.60%

Explanation:

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Unemployment Rate = (Unemployed/Labor force)*100

Unemployment Rate = $8 million/$43 million * 100

Unemployment Rate = 0.1860465 * 100

Unemployment Rate = 18.60%

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3 years ago
Eaton Electronic Company’s treasurer uses both the capital asset pricing model and the dividend valuation model to compute the c
Montano1993 [528]

Answer:

Ki = 0.063 or 6.30%

Explanation:

The CAPM or Capital asset pricing model is an approach to calculate the required rate of return of a stock. The required rate of return or cost of equity is the minimum return required by the investors o invest in a stock based on the systematic risk of the stock. The formula to calculate the required rate of return of a stock using the CAPM is,

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Where,

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Which of the following is a distance-based method for location alternatives evaluation?Factor rating methodDecision treeBreak-ev
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