Question
Which business would be most likely to require short-term capital?
(1 point)
Responses
a steel manufacturer with a six-year contract
a steel manufacturer with a six-year contract
a well-established clothing retailer
a well-established clothing retailer
an online retailer with a large customer base
an online retailer with a large customer base
a start-up mobile-app development company
a start-up mobile-app development company
(1 point)
Responses
a steel manufacturer with a six-year contract
a steel manufacturer with a six-year contract
a well-established clothing retailer
a well-established clothing retailer
an online retailer with a large customer base
an online retailer with a large customer base
a start-up mobile-app development company
a start-up mobile-app development company
Answers
GPT-4o mini
A start-up mobile-app development company would be most likely to require short-term capital. Start-ups often need immediate funding to cover expenses such as product development, marketing, and operational costs while they work on establishing themselves and generating steady revenue.