Question 1
2 out of 2 points
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 2
2 out of 2 points
The SBA’s ________ program offers short-term capital to
growing companies seeking to finance seasonal buildups in inventory or accounts
receivable.
Question 3
2 out of 2 points
The ________ loan is based not on creditworthiness, but on
the borrower’s reputation and reliability.
Question 4
2 out of 2 points
SBICs:
Question 5
2 out of 2 points
The most common form of secured credit is:
Question 6
2 out of 2 points
Insurance companies typically make two types of loans:
Question 7
2 out of 2 points
The most common method used by commercial finance companies
to provide credit to small businesses is:
Question 8
2 out of 2 points
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 9
2 out of 2 points
Typically, a minimum loan amount from a Savings & Loan
is:
Question 10
2 out of 2 points
The most common method of SBIC financing is the:
Question 11
2 out of 2 points
Savings and loan associations typically specialize in loans
for:
Question 12
2 out of 2 points
________ were created by the SBA in 1992 to provide loans
under $35,000 that are normally shunned by banks.
Question 13
2 out of 2 points
A loan from a stockbroker, based on the stocks and bonds in
the customer’s portfolio:
Question 14
2 out of 2 points
Asset-based borrowing permits small businesses:
Question 15
2 out of 2 points
A(n) ________ is a private nonprofit financial institution
that will make small loans to its members for the purpose of starting a
business.
Question 16
2 out of 2 points
The Americans with Disabilities Act of 1990 requires that:
Question 17
2 out of 2 points
The value of the floor space in a retail store depends upon:
Question 18
2 out of 2 points
The manufacturing layout that groups workers and equipment
according to the general function performed, and that works best with short
production runs or when there are considerable variations in the finished
product, is called:
Question 19
2 out of 2 points
A(n) ________ layout divides a store into a series of
individual shopping areas, each with its own theme. This layout can create a
distinctive image for a business.
Question 20
2 out of 2 points
Generally speaking, the one location that most small
businesses have difficulty surviving in and therefore should avoid is:
Question 21
2 out of 2 points
Approximately ________ of a store’s customers will go more
than halfway into the store.
Question 22
2 out of 2 points
A(n) ________ layout arranges displays in a rectangular
fashion with parallel aisle. It is a formal layout that controls the traffic
flow through the store.
Question 23
2 out of 2 points
A(n) ________ layout has the advantage of creating a
relaxed, friendly shopping atmosphere encouraging shoppers to linger and
increasing the number of impulse purchases.
Question 24
2 out of 2 points
The manufacturing layout that arranges workers and equipment
according to sequence of operation and is best suited for highly standardized
or mass-produced products is called:
Question 25
2 out of 2 points
The area from which a small business expects to draw
customers over a reasonable time span is its:
Question 26
2 out of 2 points
An interstate trucking firm would be most concerned with
which selection criterion at the state level?
Question 27
2 out of 2 points
Incubator facilities are established in order to:
Question 28
2 out of 2 points
A major factor that could increase the wage rate in an area
would be:
Question 29
2 out of 2 points
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 30
2 out of 2 points
Some cities develop ________ in cooperation with private
industry for the benefit of manufacturers.
