As Part of Eric's Small Business Loan Application,he Has to Demonstrate

question 91

Multiple Choice

As part of Eric's small business loan application,he has to demonstrate the "triple bottom line" of economic,social,and environmental benefits.In doing so,his business is seen as

• A)futuristic.
• B)corporate.
• C)sustainable.
• D)communal.
• E)profit.

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Definitions:

Goals

Broad, long-term aims that guide actions and decisions within an organization or personal life.

Minority-Owned

Refers to a business that is at least 51% owned, operated, and controlled on a daily basis by one or more (in combination) racial or ethnic minorities.

Small Businesses

Enterprises characterized by smaller sizes in terms of employees and revenues, playing a crucial role in economic development and innovation.

SBA Programs

Initiatives and services offered by the Small Business Administration to support and assist small business development and growth in the United States.