seth starts his company with computers that he found on craigslist.com and some office furniture from the basement of his parents’ home. this strategy would be considered which of the following?

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08-09-2022
Business

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seth starts his company with computers that he found on craigslist.com and some office furniture from the basement of his parents’ home. this strategy would be considered which of the following?

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ogorwyne ogorwyne · Answer 1 · 2022-09-12T13:28:19+02:00

The strategy that is used by Seth is what would be referred to as penny pinching.

What is penny pinching?

This is the term that is sued to refer to the fact that a person does not spend money in a wise manner.

It could also be the unwillingness of a person to spend money. This second definition is what is more befitting for the scenario that we have here. We can see that Seth does not want to rent assets for use to start with the company that he has here.

Hence we can say that The strategy that is used by Seth is what would be referred to as penny pinching.

Read more on penny pinching here: https://brainly.com/question/5406253

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