The process of raising capital for a new venture from a large audience,usually through the Internet,is called ______.
A)crowdfunding
B)penny pinching
C)crowdsourcing
D)bootstrapping

Question

Quizplus · Accepted Answer

Crowdfunding is the process of raising capital from a large group of people, often through the internet, for a new venture. Penny pinching refers to saving small amounts of money, crowdsourcing involves obtaining services or ideas from a large group of people, and bootstrapping refers to starting a business with little to no outside funding.

The Process of Raising Capital for a New Venture from a Large