Match each term with the correct statement below.
a. franchise
b. entrepreneur
c. intrapreneur
d. outsourcing
e. small business
f. SBA
g. SBIC
h. succession
1. What is it called when a small business owner passes on the business to the children?
2. A privately owned company that furnishes loans to small firms is called this.
3. What is a business that is independently owned and operated and not dominant in its field known as?
4. What is the name for a corporate entrepreneur?
5. What is the organization that often guarantees loans that are made to small businesses?
1. H) succession
2. G) SBIC
3. E) small business
4. C) intrapreneur
5. F) SBA
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