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Which one of the following is a long-term source of finance? Select one answer - Edexcel - GCSE Business - Question 1 - 2021 - Paper 1
Question 1
Which one of the following is a long-term source of finance? Select one answer. A) Overdraft B) Revenue C) Trade credit D) Venture capital
Worked Solution & Example Answer:Which one of the following is a long-term source of finance? Select one answer - Edexcel - GCSE Business - Question 1 - 2021 - Paper 1
Step 1
Select one answer.
Answer
Among the options provided, 'Venture capital' is recognized as a long-term source of finance. Venture capital typically comes from investors who provide funds to startups or small businesses with long-term growth potential in exchange for equity, which positions it as a sustainable financial resource.