The Connecting Through Social Media Box Titled,"Finding Funding Online

question 157

Multiple Choice

The Connecting through Social Media box titled,"Finding Funding Online,"

• A) refers newly formed small businesses to the Small Business Administration as the only bona fide source of loans for small businesses.
• B) introduces us to peer-to-peer groups like Lendio or Lending Club that may help fulfill the need for funding,the lifeblood of small business.
• C) suggests looking into business credit cards for short-term cash,due to the low interest rates on these instruments.
• D) develops the history of lending institutions: (beginning with banks and ending with Venture Capitalists)and emphasizes that small business owners have a difficult time finding funds because as a group they are a very small market for financial institutions.They make up a very small percentage (less than 5 percent)of all businesses.

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Definitions:

Jamaica

An island country situated in the Caribbean Sea, known for its vibrant culture and scenic beauty.

Largest Contingent

The biggest or most substantial part of a group or force.

Ethiopia Awakening

A symbolic representation of Africa's cultural and political renaissance from colonialism, notably embodied in sculptures and literature expressing African pride and heritage.

Meta Fuller

An American sculptor renowned for her works that explore themes of race, spirituality, and the human condition, making significant contributions to African American art in the early 20th century.