ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an independent agency of the federal government dedicated to helping entrepreneurs start, build and grow their business?
A
US Small Business Administration (SBA)
B
Securities Exchange Commission (SEC)
C
Bureau of Labor Statistics (BLS)
D
Service Corps of Retired Executives
Explanation: 

Detailed explanation-1: -The U.S. Small Business Administration (SBA) helps Americans start, grow, and build resilient businesses.

Detailed explanation-2: -Small Business Administration (SBA)-Federal agency that provides assistance to current and prospective small business owners.

Detailed explanation-3: -The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise, and to maintain and strengthen the overall economy of our nation.

Detailed explanation-4: -The U.S. Small Business Administration helps small businesses get funding by setting guidelines for loans and reducing lender risk. These SBA-backed loans make it easier for small businesses to get the funding they need.

Detailed explanation-5: -Strengthen SBA’s stakeholder outreach and brand: SBA’s stakeholders comprise members of the small business and lending communities as well as the many organizations, associations, non-profits, and private sector companies that support and provide services to them.

There is 1 question to complete.