________ is the process of finding creative ways to exploit opportunities to launch and grow businesses with limited resources.
A)Prototyping
B)Bootstrapping
C)Undercapitalizing
D)Leveraging

Question

Quizplus · Accepted Answer

Bootstrapping refers to starting and growing a business with limited resources such as little or no external funding. It involves creative solutions and use of available resources to launch and grow a successful business. Prototyping is creating a preliminary version of a product or service to test its functionality and features. Undercapitalizing refers to starting a business with insufficient financial resources. Leveraging involves using borrowed funds to invest in a business with the expectation of generating profits that exceed the cost of borrowing. Therefore, B is the best choice.

________ Is the Process of Finding Creative Ways to Exploit