As an Entrepreneur,you Need to Be Able to Retain the Good

question 141

Multiple Choice

As an entrepreneur,you need to be able to retain the good employees you have hired.The main reason is that when talented employees leave a new venture,________ can be negatively affected.

• A)customer service
• B)the value proposition
• C)operating expenses
• D)potential new employees

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Definitions:

Financing Statement

A document filed to give public notice of a secured transaction, indicating an interest in the assets of a debtor.

Collateral

Collateral offered to secure a loan, subject to seizure upon default.

Collection Agency

An organization employed by creditors to collect funds that are owed by individuals or businesses, usually when those debts are past due.

Principal

The original amount of money borrowed or invested, excluding any interest or dividends.