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Rick Needs to Get a Small Business Loan in Order

Question 5

Multiple Choice

Rick needs to get a small business loan in order to expand his food truck business, so he's writing up a marketing plan that includes specific objectives. Which of the following objectives belongs in the section marked "nonfinancial objectives"?


A) To donate two percent of his profits to the local food bank
B) To increase the prices of his menu items by three percent
C) To increase revenues by fifteen percent in the next twelve months
D) To secure a loan for $40,000

Correct Answer:

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