ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What institution is a source of funding, but also provides business counseling such as helping owners learn how to develop marketing strategies, manage inventory, and improve cash flow?
A
SBA
B
CDFIs
C
FDIC
D
FDA
Explanation: 

Detailed explanation-1: -The main sources of funding are retained earnings, debt capital, and equity capital. Companies use retained earnings from business operations to expand or distribute dividends to their shareholders. Businesses raise funds by borrowing debt privately from a bank or by going public (issuing debt securities).

Detailed explanation-2: -The sources of business finance are retained earnings, equity, term loans, debt, letter of credit, debentures, euro issue, working capital loans, and venture funding, etc.

Detailed explanation-3: -Banks and other financial service providers Issue securities: Providers help borrowers raise funds by selling shares in businesses or issuing bonds. Manage assets: Providers offer advice or invest funds on behalf of clients, who pay for their expertise. But distinctions within the financial sector are not neat.

There is 1 question to complete.