Quiz 8
Question 1 A federally-sponsored program which offers loan
guarantees to create and expand businesses in areas with below-average income
and high unemployment is called:
Question 2 A loan from a stockbroker, based on the stocks
and bonds in the customer’s portfolio:
Question 3 Grants to small businesses, made to strengthen
the local economy in cities and towns that are considered economically
distressed, are made by:
Question 4 In asset-based borrowing, the ________ is the
percentage of an asset’s value that a lender will lend.
Question 5 The most common method used by commercial finance
companies to provide credit to small businesses is:
Question 6 Asset-based borrowing permits small businesses:
Question 7 The most common method of SBIC financing is the:
Question 8 The majority of loans provided by the SBA are:
Question 9 A ________ makes only intermediate and long-term
SBA guaranteed loans. It specializes in loans many banks would not consider.
Question 10 A(n) ________ is a hybrid between a conventional
loan and a bond; at its heart it is a bond, but its terms are tailored to the
borrower’s individual needs, as a loan would be.
Question 11 ________ is designed to provide working capital
to small exporters by providing loan guarantees of 90 percent of the loan
amount up to $1.5 million.
Question 12 A ________ is an agreement with a bank that
allows a small business to borrow up to a predetermined specified amount during
the year without making an application each time.
Question 13 A popular form of debt financing with large
companies, a sort of corporate “IOU,” which is becoming more
accessible to a growing number of small companies is:
Question 14 Insurance companies typically make two types of
loans:
Question 15 When a small business is refused a loan because
it is not profitable and deemed a poor credit risk, the owner can usually turn
to ________ as a source of short-term funds.
Question 16 ________ is a system that divides a county or a
city into small cells or districts to control the use of land, buildings, and
sites.
Question 17 Designing layouts ergonomically and seeking to
automate product flows can result in:
Question 18 ________ is a publication that provides
important data to aid entrepreneurs in their search for the best location.
Question 19 The science of adapting work and working
conditions to complement employees and to suit customers is called:
Question 20 As the service economy has grown, a business
location being used more and more by service businesses is:
Question 21 A major factor that could increase the wage rate
in an area would be:
Question 22 Incubator facilities are established in order
to:
Question 23 The ________ serves a large trading area (10 to
15 miles or more), contains from 50 to 100 stores, and has several major
department stores as its anchors.
Question 24 The ________ of products and materials, their
________ of transportation, and their ________ functions all interact in
determining how close a business needs to be to its sources of supply.
Question 25 Approximately ________ of a store’s customers
will go more than halfway into the store.
Question 26 The area from which a small business expects to
draw customers over a reasonable time span is its:
Question 27 The starting point for designing a layout is:
Question 28 Which of the following sets of city factors does
an entrepreneur need to consider when choosing a location for his/her new
business?
Question 29 Manufacturing layout decisions take into
consideration:
Question 30 The Americans with Disabilities Act of 1990
requires that:
