Asked by Riley Taylor on Jun 18, 2024
Verified
Which of the following is true of small business development centres?
A) They concentrate on establishing social enterprises.
B) They exclusively support all non-profit organizations in the U.S.
C) They are supported by the U.S. Small Business Administration.
D) They offer guidance to entrepreneurs trying to invest in acquisitions.
E) They aid in the development of public sectors.
Small Business Development Centres
Organizations that provide support and resources to small businesses to help them grow and succeed.
U.S. Small Business Administration
A government agency that provides support to entrepreneurs and small businesses through loans, grants, and resource guidance.
- Gain an understanding of the support mechanisms in place for small businesses, including those offered by business incubators and development centers.
Verified Answer
MJ
Michelle JordanJun 22, 2024
Final Answer :
C
Explanation :
Small business development centers are supported by the U.S. Small Business Administration.
Learning Objectives
- Gain an understanding of the support mechanisms in place for small businesses, including those offered by business incubators and development centers.