Description of this paper

Strayer Bus402 quiz 8




Question 1;Typically, a minimum loan amount from a Savings & Loan is:Answer;$10,000.;$30,000.;$50,000.;$100,000.;2 points;Question 2;In asset-based borrowing, the ________ is the percentage of an asset's value that a lender will lend.Answer;prime rate;margin rate;advance rate;discounted rate;2 points;Question 3;A ________ is an agreement with a bank that allows a small business to borrow up to a predetermined specified amount during the year without making an application each time.Answer;term loan;factor;line of credit;floor plan;2 points;Question 4;Grants to small businesses, made to strengthen the local economy in cities and towns that are considered economically distressed, are made by:Answer;the Department of Housing and Urban Development.;a local development company.;the Farmers Home Administration.;the Economic Development Administration.;2 points;Question 5;This program was started to encourage small businesses that wanted to expand their research and development efforts. It has made over 36,000 awards in excess of $10 billion.Answer;Small Business Technology Transfer Act;Local development companies;The SBA Capline program;Small Business Innovation Research Program;2 points;Question 6;A(n) ________ is a hybrid between a conventional loan and a bond, at its heart it is a bond, but its terms are tailored to the borrower's individual needs, as a loan would be.Answer;private placement;industrial revenue bond;504 loan;zero coupon bond;2 points;Question 7;is designed to provide working capital to small exporters by providing loan guarantees of 90 percent of the loan amount up to $1.5 million.Answer;A Capline program;A Section 504 loan;An LDC loan;An export working capital program;2 points;Question 8;A popular form of debt financing with large companies, a sort of corporate "IOU," which is becoming more accessible to a growing number of small companies is:Answer;stockbroker-based loans.;bonds.;commercial bank loans.;SBICs.;2 points;Question 9;were created by the SBA in 1992 to provide loans under $35,000 that are normally shunned by banks.Answer;Microloans;Preferred loans;Seasonal line of credits;8(a) program loans;2 points;Question 10;Asset-based borrowing permits small businesses:Answer;to borrow up to 100% of the value of their inventory or their accounts receivable for the money they need for long-term goals.;to use normally unproductive assets?accounts receivable and inventory.;to obtain loans more easily but with less borrowing power than if they used an unsecured line of credit.;access to a source of funds ideally suited for long-term financing needs.;2 points;Question 11;Savings and loan associations typically specialize in loans for:Answer;equipment.;inventory.;real property.;accounts receivable.;2 points;Question 12;A ________ makes only intermediate and long-term SBA guaranteed loans. It specializes in loans many banks would not consider.Answer;small business investment company;local development company;small business lending company;MESBIC;2 points;Question 13;is a method of financing frequently employed by retailers of "big ticket items"?autos and major appliances.Answer;Discounted installment contracts;Trade credit;Installment loans;Floor planning;2 points;Question 14;For small businesses, ________ are the heart of the financial market.Answer;banks;finance companies;private placement;insurance companies;2 points;Question 15;The most common method of SBIC financing is the:Answer;equity instrument.;debt instrument combined with equity investment.;debt instrument.;line of credit.;2 points;Question 16;A central business district is:Answer;the traditional center of town.;a plan that contains 12 to 50 stores and has a department store as a leading tenant.;a type of "mall" that has experienced 1500 percent growth over the last 5 years.;a shopping area that draws its customers primarily from the immediate local area.;2 points;Question 17;Which of the following sets of city factors does an entrepreneur need to consider when choosing a location for his/her new business?Answer;The business growth potential;Business climate and labor market;Proximity to the target market and raw materials;The availability of transportation, public services, and police and fire protection;2 points;Question 18;Some cities develop ________ in cooperation with private industry for the benefit of manufacturers.Answer;incubators;central business districts;industrial parks;high visibility locations;2 points;Question 19;is a publication that provides important data to aid entrepreneurs in their search for the best location.Answer;Consumer Reports;Index of Retail Saturation;Survey of Buying Power;Sales Conversion Index;2 points;Question 20;The area from which a small business expects to draw customers over a reasonable time span is its:Answer;trading area.;metropolitan statistical area.;enterprise zone.;incubator.;2 points;Question 21;A Geographic Information System (GIS):Answer;is a software package combining the ability to draw detailed maps with the power to search through databases.;records data not available through the census and includes eleven indicators of economic growth.;contains the name of every street in the country and detailed block statistics for 345 urban areas.;breaks down the population, retail sales, etc., by census region.;2 points;Question 22;TIGER:Answer;is a software package combining the ability to draw detailed maps with the power to search through databases.;records data not available through the census and includes eleven indicators of economic growth.;contains the names of every street in the country and detailed block statistics for 345 urban areas.;breaks down the population, retail sales, etc. by census region.;2 points;Question 23;As the service economy has grown, a business location being used more and more by service businesses is:Answer;the industrial park.;home.;central business districts.;outlying areas.;2 points;Question 24;is a system that divides a county or a city into small cells or districts to control the use of land, buildings, and sites.Answer;An enterprise zone;Zoning;TIGER;A central business district;2 points;Question 25;The value of the floor space in a retail store depends upon:Answer;the merchandise in that area.;the type of store and customer.;the number of salespeople servicing the area.;its proximity to aisles and entrances.;2 points;Question 26;Incubator facilities are established in order to:Answer;enhance economic development and diversify the local economy.;revitalize central business districts.;centralize types of businesses and provide tax breaks to those businesses.;encourage businesses to locate in economically depressed areas of a city.;2 points;Question 27;The manufacturing layout that groups workers and equipment according to the general function performed, and that works best with short production runs or when there are considerable variations in the finished product, is called:Answer;process layout.;fixed-position layout.;function layout.;product layout.;2 points;Question 28;A(n) ________ layout arranges displays in a rectangular fashion with parallel aisle. It is a formal layout that controls the traffic flow through the store.Answer;free-form;grid;angled;boutique;2 points;Question 29;When manufacturing large, bulky products, it is sometimes necessary to bring the materials to a specific spot and do the assembly in one place. This type of layout is know as a:Answer;process layout.;fixed-position layout.;function layout.;product layout.;2 points;Question 30;Approximately ________ of a store's customers will go more than halfway into the store.Answer;one-fourth;one-half;one-third;three-fourths


Paper#31070 | Written in 18-Jul-2015

Price : $28