The First Major Government Foray into Venture Investing Came with the Formation

question 61

True/False

The first major government foray into venture investing came with the formation of the Small Business Administration (SBA)in 1947.

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Definitions:

Contingent Reward

A form of motivation dependent upon the achievement of a certain condition or set of criteria.

Organizational Commitment

A psychological state that characterizes an employee's relationship with their organization, reflecting their loyalty and willingness to remain part of it.

Subordinate

An individual who is under the authority or control of another person within an organizational hierarchy.

Social Norms

Accepted behaviors and standards within a group or society that guide members' actions and interactions.