ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The U.S. Small Business Administration (SBA) gives interest-free loans to start-up businesses and fully guarantees loans from local commercial lenders.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The Small Business Administration’s microloan program awards loans to entrepreneurs based primarily on their integrity and sound business idea. To be considered part of a market, an individual must have both a willingness to buy and the financial resources needed to buy.
Detailed explanation-2: -Some entrepreneurs develop their reason for starting a business early, while some endure years of salaried corporate life before moving on to entrepreneurship. In any case, the No. 1 reason they want to start their own business is to become their own boss.
There is 1 question to complete.