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3 years ago

What is the SBA intended to do ?

Business

1 answer:

Firlakuza [10]3 years ago

3 0

Answer:

The U.S. Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters". The agency's activities are summarised as the "3 Cs" of capital, contracts and counselling.

SBA loans are made through banks, credit unions and other lenders who partner with the SBA. The SBA provides a government-backed guarantee on part of the loan. Under the Recovery Act and the Small Business Jobs Act, SBA loans were enhanced to provide up to a 90 percent guarantee in order to strengthen access to capital for small businesses after credit froze in 2008. The agency had record lending volumes in late 2010.

SBA helps lead the federal government's efforts to deliver 23 percent of prime federal contracts to small businesses. Small business contracting programs include efforts to ensure that certain federal contracts reach woman-owned and service-disabled veteran-owned small businesses as well as businesses participating in programs such as 8(a) and HUB Zone. Another resource the SBA launched earlier this year is the SBA Franchise Directory, aimed to connect entrepreneurs to lines of credit and capital in order to grow a business.

SBA has at least one office in each U.S. state. In addition, the agency provides grants to support counselling partners, including approximately 900 Small Business Development Centers (often located at colleges and universities), 110 Women's Business Centers, and SCORE, a volunteer mentor corps of retired and experienced business leaders with approximately 350 chapters. These counselling services provide services to over 1 million entrepreneurs and small business owners annually. President Obama announced in January 2012 that he would elevate the SBA into the Cabinet, a position it last held during the Clinton administration,thus making the Administrator of the Small Business Administration a cabinet-level position.

Explanation:

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Myriam has been a standout team member at Amohalka Consulting for several years. She is always the first person to train new col

Digiron [165]

Answer:

The group of options for this question are the following:

A) makes individual contributions

B) seeks promotions and pay raises

C) has a low level of trust in her teammates abilities

D) both A and C

E) both B and C

The correct answer is A) makes individual contributions.

Explanation:

According to Chiavenato, one of the most recognized authors on human resources and administration issues, "Performance evaluation is a systematic assessment of the performance of each person in office or the potential for future development."

It consists of a formal review of work results that is carried out periodically in which the collaborator and his direct boss participate interactively, who must work together to plan, monitor and review work objectives, skills and values. of the collaborator also called competencies, as well as their general contribution to the achievement of individual, departmental and organizational objectives with the premise that it is more than an annual follow-up, a continuous process in which the team is advised and feedback is provided to make sure they are on the right track to achieve their professional goals and objectives by acting according to the company culture. Performance evaluation forms a system that seeks to assess in the most objective way possible the performance of each member of the company's work team.

8 0

3 years ago

The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w

nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures = 15 years

redeem = $1,000

solution

we apply here formula that is

amount = principal × $(1+r)^{t}$ ................1

here put value and we get

1000 = 715 × (1+r)^{15}

$(1+r)^{15}$ = $\frac{1000}{715}$

solve it we get

r = 0.022617

so rate is 2.25 %

7 0

3 years ago

Some companies positively harness the power of rumors to multiple choice instill false confidence in investors. replace formal c

zubka84 [21]

Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.

<h3>What are rumors?</h3>

Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.

In conclusion, In certain cases, corporations use the power of rumors to promote a new product introduction.