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 (B)</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 (A)</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 (D)</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 (A)</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 (B)</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 (C)</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 (B)</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 (B)</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 (D)</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 (C)</p> Signup and view all the answers

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

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

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