Which of the following organizations is an independent agency of the federal government that offers managerial and financial assistance to small businesses like JCF Health and Fitness?Multiple ChoiceSmall Business Development Centers (SBDCs)Small Business Institutes (SBIs)Active Corps of Executives (ACE)Small Business Administration (SBA)Service Corps of Retired Executives (SCORE)
Question
Which of the following organizations is an independent agency of the federal government that offers managerial and financial assistance to small businesses like JCF Health and Fitness?Multiple ChoiceSmall Business Development Centers (SBDCs)Small Business Institutes (SBIs)Active Corps of Executives (ACE)Small Business Administration (SBA)Service Corps of Retired Executives (SCORE)
Solution
The correct answer is the Small Business Administration (SBA). The SBA is an independent agency of the federal government that provides assistance to small businesses in the form of managerial guidance and financial aid. The other organizations listed also support small businesses, but they are not independent agencies of the federal government.
Similar Questions
Which of the following is not an organization from which Randy should consider seeking advice and resources?Multiple ChoiceThe Service Corps of Retired Executives (SCORE)Small Business Administration (SBA)The Active Corps of Executives (ACE)IncorrectSmall Business Institutes (SBIs)Better Business Bureau
Which government agency provides financial, technical, and management assistance to help Americans start, run, and grow their businesses?ResponsesOccupational Safety and Health Act (OSHA)Occupational Safety and Health Act (OSHA)Internal Revenue Service (IRS)Internal Revenue Service (IRS)Small Business Administration (SBA)Small Business Administration (SBA)Environmental Protection Agency (EPA)
James could also explore the possibilities of financing through a government agency that advises and assists small businesses. This organization is known asMultiple Choicethe SBA.SCORE.the DEA.the Federal Business Program.the Better Business Bureau.
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