GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SBA
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FDA
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FCC
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EEOC
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Detailed explanation-1: -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; preserve free competitive enterprise; and maintain and strengthen the overall economy of our nation.
Detailed explanation-2: -SBA: The U.S. Small Business Administration was created on July 30, 1953, and works with organizations and private lenders such as Citizens Bank to guarantee loans, assist with contracts, provide counseling sessions, and offer other support to small businesses.
Detailed explanation-3: -The Small Business Administration, or SBA, is a U.S. government agency that supports small businesses and entrepreneurs. The SBA offers resources like training and educational materials for small business owners-and it has a service that matches SBA-approved lenders with small businesses in need of financing.
Detailed explanation-4: -A business which functions on a small scale level involves less capital investment, less number of labour and fewer machines to operate is known as a small business. Small scale Industries or small business are the type of industries that produces goods and services on a small scale.