The preferred method to support expansion is to use external sources of cash.

Name: The preferred method to support expansion is to use external sources of cash.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The preferred method to support expansion often involves using a mix of internal and external sources of cash, with a strong emphasis on generating and reinvesting profits from within the business before seeking external financing. This approach helps maintain control and reduce reliance on outside entities.

The Preferred Method to Support Expansion Is to Use External