Which of the following is the reason that the practice of microfinancing developed?
A) Began to serve SMEs in the developed world who were unable to secure financing from banks.
B) Started in Bangladesh to help entrepreneurs start small businesses that would ultimately lift them out of poverty.
C) Began in the poorer sections of Detroit to support the small businesses of working mothers.
D) MNEs developed this practice to finance innovators within their firms.
Correct Answer:
Verified
Q32: _ is the strategy for entering foreign
Q33: Sara is the CEO of a small
Q34: Patrick was a manager at a software
Q35: Destination Avenue,a travel agency,has recently introduced free
Q36: Simon is a product engineer at Worldly
Q38: Which of the following statements is true
Q39: According to the resource-based view,which of the
Q40: Which of the following steps should be
Q41: How should entrepreneurs help legitimize entrepreneurship around
Q42: In the context of entry modes,which of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents