Author Question: Bootstrapping is the process of combining personal funds, equity investments, and bank financing to ... (Read 97 times)

anshika · **on:** Jul 6, 2018

Bootstrapping is the process of combining personal funds, equity investments, and bank financing to launch a business.

Indicate whether the statement is true or false

Question 2

________ means that as a firm grows and adds personnel, the new hires typically do not have the same ownership incentives as the original founders, so the new hires may not be as motivated as the founders to put in long hours or may even try to avoid

hard work.
A) Difficult selection
B) Adverse hazard
C) Ethical selection
D) Productivity hazard
E) Moral hazard