Bus 116 #4 with correct answers 100% 2026

Bus 116 #4 with correct answers 100% 2026 The most common method used by commercial finance companies to provide credit to small businesses is ________. - Correct Answer asset based Which of the following is not an asset-based financing technique? Discounting accounts receivable Inventory financing Term loan None of these - Correct Answer term loan Term loans impose restrictions called ________. - Correct Answer covenants The document outlining the details of the agreement between the entrepreneur and the stock underwriter is called ________. - Correct Answer a letter of intent Asset-based borrowing permits small businesses ________. - Correct Answer to use normally unproductive assets such as accounts receivable and inventory. Entrepreneurs are most likely to give up more equity in their businesses in the ________ phase of their companies than in any other. - Correct Answer startup When evaluating a company as a potential investment target, venture capitalists look for all but which of the following? a) A competent management team b) Potential for high returns c) Convenient and profitable exit strategy d) Stable industry - Correct Answer Stable industry A term loan ________. a) is typically unsecured b) may contain restrictions or covenants c) is based on past operating history and a firm's high probability of repayment d) All of these - Correct Answer d) all of these A bank loan that imposes restrictions or covenants on the business decisions an entrepreneur makes concerning the company's operations is called a ________. - Correct Answer term loan For small businesses, ________ are the very heart of the financial market, providing the greatest number and variety of loans to small companies. - Correct Answer commercial banks Geographic concentrations of interconnected companies, specialized suppliers, and service providers that are present in a region are called ________. - Correct Answer clusters The primary variable(s) that influence(s) the scope of a trading area is/are the ________. - Correct Answer type and size of the business operation Which of the following is an advantage of locating in a central business district? a) Low rent b) Easy and abundant parking c) The ability to attract customers from the entire trading area d) Moderate to low levels of competition - Correct Answer c) The ability to attract customers from the entire trading area A(n) ________ is a special exemption to a zoning ordinance. - Correct Answer variance The first phase of determining where to locate a business is ________. - Correct Answer determining which regions of the country are experiencing growth A ________ combines the drawing strength of a large regional mall with the convenience of a neighborhood shopping center. - Correct Answer power center When examining a state's available labor force, the potential business owner needs to know ________. - Correct Answer both the number and education of the available workforce