A Business That Is an Example of NOT Creating a Services

question 16

Multiple Choice

A business that is an example of NOT creating a services portfolio is:

• A) A pest control company that provides environmentally safe chemicals for ants, mosquitoes, ticks, and deer.
• B) A tax preparation company that provides specific services for individual households and small businesses.
• C) A home repair business that specializes in residential house painting.
• D) A university that provides online education programs for undergraduates, MBAs, alumni, and companies in the form of executive education.

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Definitions:

Business Incubator

An organization designed to help new and startup companies to develop by providing services such as management training or office space.

Venture Capital Company

A firm that invests in startups and small businesses with high growth potential in exchange for equity stakes.

Joint Venture

Partnership between companies formed for a specific undertaking.

Microloan Company

A microloan company specializes in providing small, short-term loans to individuals, often entrepreneurs or small businesses, who lack access to traditional banking services.