What Is the Advantage to a Small Business When Planning

question 16

Multiple Choice

What is the advantage to a small business when planning for shortfalls in cash flow?

• A) Financial resources can be saved in a savings account until needed.
• B) Banks are more likely to offer loans if they know when the money will be needed.
• C) Loans can be obtained in advance and minimize their costs.
• D) Lower interest loans can be sought for the needed time frame.
• E) Small businesses will appear more professional, resulting in favorable banking relationships.

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Definitions:

Objections

Expressions or statements of opposition or disapproval towards an idea, proposal, or argument.

Emotional Appeals

Strategies in communication aimed at influencing the audience's emotions to persuade or motivate them.

Audience

A group of people who gather to watch, listen to, or read something, ranging from a performance to a piece of communication.

Feelings

Emotional responses or states that arise in reaction to stimuli or situations, influencing behavior and perceptions.