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enyata [817]
2 years ago
9

The u.s. small business association defines a small business as having ____ employees and selling ______ worth of products or se

rvices annually.
Business
1 answer:
Mnenie [13.5K]2 years ago
3 0

The U.S. Small commercial enterprise management (SBA) allows Americans to begin, construct, and develop organizations.

In step with the SBA, a small enterprise must be a for-profit company, independently owned and operated, now not nationally dominant within its enterprise and positioned in the U.S. A small business ought to additionally fulfill enterprise length standards primarily based on its range of employees or common annual receipts.

The SBA Microloan application offers loans of up to $50,000, with an average amount of just below $15,000. SBA microloans may be used for the purchase of furnishings, furniture, supplies, substances, equipment, and/or for operating capital.

The U.S. Small enterprise administration allows small businesses to get investment by placing suggestions for loans and decreasing lender hazards. those SBA-sponsored loans make it easier for small companies to get the funding they want.

Learn more about SBA here: brainly.com/question/20796146

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You might be interested in
If you put $700 in a savings account at an interest rate of 3 percent, how much money will you have in one year?
Elanso [62]

Answer:

$721

Explanation:

The computation of the future value is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years

                     = $700 × (1 + 0.03)^1

                     = $700 × 1.03

                     = $721

By applying the future value formula, we can get the value of money after considering the time period and the interest rate

7 0
3 years ago
Language is the most complex challenge global marketers face.<br><br> True<br> False
KATRIN_1 [288]

Answer:

False.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

- World Trade Organization (WTO).

- United Nations (UN).

- International Monetary Fund (IMF).

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Language is not the most complex challenge global marketers face because they can be translated easily through the use of a software application, an interpreter or simply through the use of other forms of communication.

7 0
3 years ago
Which of these statements is true?
olasank [31]

Answer:

Compound interest will lead to a larger sum of money than a comparable simple interest payment.

Explanation:

The true statement is that compound interest will lead to a larger sum of money than a comparable simple interest payment because the interest are compounded for a certain number of times such as daily, weekly, quarterly or annually while simple interest isn't compounded at all.

To find the future value, we use the compound interest formula;

A = P(1 + \frac{r}{n})^{nt}

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

n is the number of times the interest is compounded in a year.

t is the number of years for the compound interest.

Mathematically, simple interest is calculated using this formula;

S.I = \frac {PRT}{100}

Where;

S.I is simple interest.

P is the principal.

R is the interest rate.

T is the time.

6 0
3 years ago
A cost incurred in the past that is not relevant to any current decision is classified as a(n):_________
inessss [21]

A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs

This is further explained below.

<h3>What are Sunk costs?</h3>

Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.

In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses

Read more about Sunk costs

brainly.com/question/20438089

#SPJ1

6 0
2 years ago
________ development is a joint approach among those who seek economic growth with "wise resource management, equitable distribu
Mnenie [13.5K]

Answer:

<u>Sustainable</u>

Explanation:

Sustainable development in simple terms refers to the development which can be sustained or carried forward for a long period of time.

It refers to satisfying and meeting the needs of the current generation without jeopardizing the needs and resource availability for the future generations.

Economic development refers to the rise in per capita income while sustainable development incorporates economic as well as human development.

Such development aims at judicious usage of resources , equitable distribution of resources and reduction in wastage.

7 0
3 years ago
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