The main financial function of the Small Business Administration is to ____________________ loans that are made to small businesses.

Fill in the blank(s) with the appropriate word(s).


guarantee

Business

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Answer the following statements true (T) or false (F)

1. The production plant for Ace Manufacturing has been located in the same place for over 100 years. It has just completed its new factory, which includes its new corporate offices. The planning required for moving Ace into a new facility is a single-use plan. 2. When utilizing MBO, the manager and employee jointly set objectives for the employee, the manager develops action plans, the manager and employee periodically review the employee's performance, and the manager makes performance appraisals and rewards the employee according to the results. 3. Greg, owner of Comfortable Home Heating and Air, has been having problems with employee morale. After investigating, he found that some of his department managers were using management by objectives, but the accounting and sales managers were not utilizing MBO in their departments. For the MBO program to be successful, Greg must be sure that it is implements throughout his entire organization. 4. The planning/control cycle has two control steps: (1) control the direction by comparing results with the plan and (2) control the direction by increasing organization diversity and synergy.

Business

One of the most critical aspects to the selling process is not what happens before the purchase decision but what happens after, the follow-up.

Answer the following statement true (T) or false (F)

Business

The introduction written for a table should include an explanation of everything in the table

Indicate whether the statement is true or false

Business

The terms lump-sum contract and turnkey contract are interchangeable

Indicate whether the statement is true or false

Business