One of the First Questions Bankers Ask Potential Small Business

question 14

Multiple Choice

One of the first questions bankers ask potential small business owners is

• A) What will be used as collateral?
• B) How long before a profit will be made?
• C) Where is the business plan?
• D) How much debt will be held by the business?

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Definitions:

Humanistic Psychology

A psychological perspective that emphasizes the study of the whole person and inner feelings to understand behavior.

Structuralism

An early school of thought promoted by Wundt and Titchener; used introspection to reveal the structure of the human mind.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Pseudoscience

A collection of beliefs or practices mistakenly regarded as being based on scientific method but do not adhere to a valid scientific methodology.