BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Select correct responses. Sources of Finance?Where can Sally ask for a large amount of money?
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Friends and family
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Loan
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Crowd funding
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business angels
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Explanation:
Detailed explanation-1: -The common financing sources used in developing economies can be classified into four categories: Family and Friends, Equity Providers, Debt Providers and Institutional Investors.
Detailed explanation-2: -Common stock are considered as more expensive source of fund against the preferred stock which has a fixed component of dividend.
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