Business Financing Quiz
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Questions and Answers

What does 'source of business financing' refer to?

  • Managing inventory in a small business
  • Obtaining money to start or finance a business (correct)
  • Marketing strategies for a new business
  • Recruiting employees for a startup
  • What happened to the availability of traditional small business financing after the financial crisis of 2007–08?

  • It significantly increased
  • It became more flexible
  • It dramatically decreased (correct)
  • It remained unchanged
  • What are the two broad categories of small business financing options mentioned in the text?

  • Traditional and alternative (correct)
  • Local and international
  • Corporate and individual
  • Short-term and long-term
  • When referring to an investment in a startup company, what is business financing also referred to as?

    <p>Startup financing</p> Signup and view all the answers

    What emerged in the wake of the financial crisis of 2007–08 in relation to small business financing?

    <p>Alternative types of small business financing</p> Signup and view all the answers

    What does 'franchise financing' refer to in the context of business financing?

    <p>Obtaining money to start a franchise</p> Signup and view all the answers

    What happened to the availability of traditional types of small business financing after the financial crisis of 2007–08?

    <p>Decreased dramatically</p> Signup and view all the answers

    What are the two broad categories of small business financing options mentioned in the text?

    <p>Traditional and alternative</p> Signup and view all the answers

    What does 'startup financing' refer to when discussing business financing?

    <p>Obtaining money to start a new business</p> Signup and view all the answers

    What emerged in the wake of the financial crisis of 2007–08 in relation to small business financing?

    <p>Alternative types of small business financing</p> Signup and view all the answers

    What does 'source of business financing' refer to?

    <p>Obtaining money to start or finance a small business</p> Signup and view all the answers

    What happened to the availability of traditional small business financing after the financial crisis of 2007–08?

    <p>It dramatically decreased</p> Signup and view all the answers

    What are the two broad categories of small business financing options mentioned in the text?

    <p>Traditional and alternative</p> Signup and view all the answers

    When referring to franchise financing, what does startup financing typically involve?

    <p>Investment in a startup company</p> Signup and view all the answers

    What is the purpose of alternative small business financing?

    <p>To compensate for the decreased availability of traditional financing</p> Signup and view all the answers

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