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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
geocentric theory
Small Businesses
Entities that are privately owned, operate with a small number of employees, and typically have a low volume of sales.
Securing Adequate Financing
The process of obtaining the necessary funds to start or expand operations, typically through loans, equity investments, or other financial instruments.
Small Businesses
Enterprises characterized by a small number of employees and/or low volume of sales, often defined by local or national standards.
Loans
Financial arrangements in which a lender provides funds to a borrower with the expectation of repayment over time, typically with interest.
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