Author Question: A friend of yours has recently received his MBA. He wants to open his own business but feels that it ... (Read 40 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
A friend of yours has recently received his MBA. He wants to open his own business but feels that it might be too risky at this point in his career. As an SBA counselor, you are able to advise him and explain more clearly to him some of the advantages and disadvantages of starting a small business. Which of the following statements best represents something you might tell him?
 A) Although opening a small business is risky, there is practically unlimited potential.
  B) The cost of opening a small business is relatively low, and financing is easily obtained.
  C) Record keeping will be complicated, and public disclosure of most transactions is required.
  D) Small businesses foster personal relationships and offer flexibility and independence.
  E) Opening a small business is especially difficult because there is little help available for those desiring to do so.

Question 2

A venture capital firm
 A) provides financing to only large businesses.
  B) looks for business that will provide a steady, average return.
  C) receives corporate bonds from firms it finances.
  D) consists of a pool of investors or a family partnership.
  E) is a large, diversified corporation looking for investment opportunities.



yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

For a complete list of videos, visit our video library