Economics Chp.14 (2)

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  1. Credit from suppliers to a customer 
    Four types of short term financing 
    Trade credit
  2. No collateral required 
    Four types of short term financing 
    Unsecured loans
  3. Collateral required 
    Four types of short term financing 
    Secured loans
  4. It is a good time to be in this business?
    Four factors used in determining whether or not to seek financing
    Market Climate
  5. -The process of changing resources (raw materials) into goods.
    -Combining products to make a different product
     Four factors used in determining whether or not to seek financing
    Production
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241012
Card Set
Economics Chp.14 (2)
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1st 9 weeks
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