Rick Needs to Get a Small Business Loan in Order

question 11

Multiple Choice

Rick needs to get a small business loan in order to expand his food truck business, so he's writing up a marketing plan that includes specific objectives. Which of the following objectives belongs in the section marked "nonfinancial objectives"?

• A) To donate two percent of his profits to the local food bank
• B) To increase the prices of his menu items by three percent
• C) To increase revenues by fifteen percent in the next twelve months
• D) To secure a loan for $40,000

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Definitions:

HIV Transmission

The spread of the Human Immunodeficiency Virus, which can occur through unprotected sexual contact, blood transfusions, or sharing needles.

Sexual Transmission

The process through which infections are spread from one individual to another through sexual contact.

Unprotected Anal Intercourse

Anal sexual activity without the use of a barrier method, such as a condom, which can increase the risk of transmitting sexually transmitted infections (STIs) and HIV.

Multiple Sex Partners

The practice of engaging in sexual activities with more than one partner, often within a specific period of time.