What Does SBA Stand for in the Context of New

question 33

Multiple Choice

What does SBA stand for in the context of new ventures?

• A)"Standard Business Arrangement"
• B)"Small Business Association"
• C)"Small Business Administration"
• D)"Standard Borrowing Arrangement"

---

Definitions:

Integrated Model

A comprehensive approach that combines various theories or components into a unified framework for analysis or implementation.

Work Motivation

The set of internal and external forces that influence an individual's level of interest and commitment to perform their job effectively.

Job Simplification

The process of breaking down a job into its simplest components and removing complex or unnecessary tasks to increase efficiency.

Operating Efficiency

A measure of the effectiveness with which an organization uses its resources to produce goods or services.