You and a Friend Want to Open New Pet Grooming

question 91

Multiple Choice

You and a friend want to open new pet grooming and pet services shop. Once established, you intend to open a second store in a larger town 20 miles away. If store number two is a success, you plan to start franchising your company.
-_____ will probably be the most important source of funds for your new business.

• A)Bank loans
• B)SBA (Small Business Administration)
• C)Venture capital
• D)Personal assets

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Definitions:

UAW Sit-down Strikes

A form of labor protest used by the United Auto Workers in the 1930s, where workers occupied the workplace to prevent the production process, gaining significant victories for union recognition and better wages.

Organized Labor

Groups of workers who unite to negotiate collectively with employers over wages, benefits, working conditions, and other employment terms.

Court-packing

The act of changing the political balance of a court system by appointing judges who will rule in favor of certain policies or ideologies.

New Deal

A series of programs, public work projects, and financial reforms and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s, aimed at recovering from the Great Depression.