Maslow Shmaslow
Maslow created a _______ of _______.
Hierarchy. Needs.
The most financial executive in the C-suite
CFO
This may be the only source of funding for a brand-new start-up
Personal funds
This external financing is permanent, meaning it never needs to be repaid
Equity / share capital
Nationality of the Wealth of Nations author
Scottish
The top of the pyramid is this type of need
Self-actualization
An accountant would call items purchased for use over multiple years this two-part F-word
fixed assets
Another name for “ploughed back profit”
Retained profit (or retained earnings)
You need reliable cash flows to access this type of external financing
Debt capital
This magazine was founded by a Scot in 1843
The Economist
Job satisfaction and control over results are typical of this E-word type of motivation
Extrinsic
Purchase of a robotic tool would be this type of expenditure
Capital expenditure
Riddle daily double:
Bilbo’s riddle – what’s he got in his pocket?
A ring
You don’t have to pay your supplier till next month
Trade credit
He called the Treaty of Versailles a "Carthaginian Peace" and left in protest
Keynes
Hygiene and motivational needs were proposed by this theorist
Frederick Herzberg
Payments to hourly workers would be this type of expenditure
Revenue expenditure
Riddle daily double: What month of the year has 28 days?
All of them
Celestial name for rich investors in start-ups
Angel investors
This Road to Serfdom author said “Fascism is the stage reached after communism has proved an illusion.”
Hayek
Maslow from lowest to highest
Basic, safety, love/belonging, esteem, self-actualization
Fall-back plan for a lender. The house in a mortgage, for example.
Collateral
This type of internal financing is likely only available to firms with established operations.
Sale of assets
Grameen, for example
Microcredit
Behaviorist Nobel Laureate, one of many from U Chicago
Thaler