Giving Customers Something for Nothing Makes Sense in an Environment

question 19

True/False

Giving customers something for nothing makes sense in an environment where it is hard to get customers' attention.

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Definitions:

State-of-the-Art Equipment

The most advanced and modern tools or machinery available in a field or industry.

Factoring Accounts Receivable

The financial practice of selling a business's invoices to a third party to secure immediate cash flow.

SBA Loans

Loans backed by the Small Business Administration designed to help small businesses get started, expand, or recover.

7(a) Program

A U.S. Small Business Administration (SBA) loan program designed to provide financial assistance to small businesses.