Multiple Choice
Altitel Inc.has difficulties with managing operating costs of their company due to shortage of short-term finance.The company needs liquid assets and some capital to improve its performance in the market.Damon,an established businessman,raises money from wealthy individuals and invests it in the company.He also gives the company critical advice about managing their processes effectively.In exchange,Damon owns a small part of the company.In the context of the sources of financing,Damon is a _____.
A) leverage advisor
B) risk-return trader
C) venture capitalist
D) hedge fund consultant
Correct Answer:
Verified
Correct Answer:
Verified
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