Effective Manager Assessment: Chapter 4
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Which types of ideas benefit from strategic planning?CorrectIncorrect
Which of the following is NOT part of a professional business plan?CorrectIncorrect
A business plan acts as a ______________CorrectIncorrect
Securing financing once your business has become an established entity is generallyCorrectIncorrect
Approvals for business lines of credit generally offer credit limits that range fromCorrectIncorrect
Why is a business line of credit often preferred to traditional business loan?CorrectIncorrect
When applying for a no income or no documentation business line of credit, what do underwriters rely heavily on when deciding upon an approval?CorrectIncorrect
- What does the acronym ACH stand for?
What type of business loan is an ACH loan?CorrectIncorrect