Martina wants to expand her business. She will need to buy a larger facility and equip it with additional machinery. She should look into the SBA loan program that provides long-term financing for small businesses to acquire real estate or machinery and equipment called the:
A. 7(m) Microloan Program.
B. 7(a) Loan Guaranty Program.
C. Certified Development Company 504 Loan Program.
D. Small Business Investment Program.
Answer: C
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When you're preparing a formal work plan, include a ________ to clarify the problem you face and a ________ to describe what you plan to accomplish
A) statistical analysis; hypothesis B) problem statement; purpose statement C) yardstick; problem statement D) descriptive standard; goal analysis E) hypothesis; work plan
Which of the following is true about database marketing?
A) It is at the core of customer relationship marketing. B) It assumes that all customers have the same needs. C) It avoids building a more personal relationship between the business and the customer. D) It treats all customers as the same, instead of assuming that each customer is unique. E) It prioritizes creating efficiency through technological advances over building customer relationships.
Which of the following is a disadvantage of licensing?
A) The licensing company gains entry into a foreign market at a high risk. B) It takes a lot of time for the licensee to gain production expertise and name. C) Licensing is a complex way for a manufacturer to enter international marketing. D) The licensor potentially creates a competitor in the form of the licensee. E) The licensee is restricted from gaining knowledge about the licensor's intellectual property.
If during the accounting period the assets increase by $3,000, and the liabilities decrease by $1,300, then the owner's equity must increase by $1,700 for the accounting records to be in balance
Indicate whether the statement is true or false