In Which of the Following Credit Programs Does the SBA

question 38

Multiple Choice

In which of the following credit programs does the SBA approve and guarantee a not-for-profit Certified Development Company's portion of the debt?

• A) 7a) loan
• B) 504 loan
• C) microloan
• D) venture capital loan
• E) credit card loan

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Definitions:

Structural Approaches

Structural approaches refer to methods or strategies that focus on organizational design, hierarchy, and formal systems as means to achieve efficiency, coordination, and effectiveness.

Superordinate Goals

Superordinate goals are shared objectives that require cooperation among individuals or groups who might otherwise experience conflict, promoting unity.

Liaison Personnel

Individuals within an organization who act as intermediaries or connectors between different departments or units to ensure effective communication and coordination.

Antecedent Conditions

Factors or circumstances that exist or occur before a specific event, influencing or leading to the event’s occurrence.