Bootstrapping Concept in Business
CMAT 2021 · Innovation & Entrepreneurship · Easy · Innovation and Entrepreneurship
The term bootstrapping is often associated with
- A.
Start-ups
- B.
Venture Capital Funds
- C.
Financial institutions
- D.
Non-Financial Institutions
Answer
A
Explanation
Bootstrapping refers to building a start-up from the ground up using personal savings and revenue without external capital.
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