The primary financial function of the Small Business Administration is to:

The primary financial function of the Small Business Administration is to
A) lend money.
B) guarantee loans.
C) find sources of financial aid.
D) help owners apply for loans.
E) provide aid only when a natural disaster occurs.

Question 2 - Which of the following statements best defines a channel of distribution?
A) It is the network of regulatory agencies that regulate production strategies.
B) It is the path that a product takes from the producer to the consumer.
C) It is a theory which suggests that retail firms and retail categories become more upscale as they go through their life cycles.
D) It is the path through which products are produced and packaged in an assembly line.

Question 3 - The average life for an SBA-guaranteed business loan is ____ years.
A) twenty-five
B) eighteen
C) fifteen
D) twelve
E) eight

Question 4 - Which of the following are the elements of the distribution strategy?
A) Recruitment and performance appraisals
B) Channels of distribution and physical distribution
C) Pricing strategy and credit standards
D) Normal distribution and probability distribution

Question 5 - Small-business investment companies
A) are an extension of the SBA.
B) are individual, nonprofit organizations.
C) are profit-making organizations.
D) do not expect a return on their investments.
E) make loans to small businesses.

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The primary financial function of the Small Business Administration is to:

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