Question
How a firm raises capital depends on the size of the firm, its growth prospects, and its Blank______.
Multiple choice question.
inflation rate
employee skill level
life-cycle stage
Multiple choice question.
inflation rate
employee skill level
life-cycle stage
Answers
Answered by
GPT-4o mini
The correct answer is **life-cycle stage**.
A firm's life-cycle stage (startup, growth, maturity, or decline) significantly influences how it raises capital, as different stages come with varying needs, risks, and investor expectations.
A firm's life-cycle stage (startup, growth, maturity, or decline) significantly influences how it raises capital, as different stages come with varying needs, risks, and investor expectations.