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If a Farmer borrows found from a government financial institution. In turn, he uses the funds for producing palay. Do you consider this activity as Business finance? Why and why not?​

Sagot :

Answer:

i dont know just answer it by your self

Yes, because this kind of activities is a kind of providing asset in order to operate in producing a play by borrowing funds in a financial institution. The farmer takes the loan and plants viable crops using the funds. Since the business of a farmer is to grow crops, the farmer has used the funds to finance a business. The farmer claiming experience in "business finance" would be inflating of their credentials. A more reasonable credential would be "entrepreneurship," at least once the crops are produced and sold for profit. Does that mean the farmer can put "business finance" on their resume? No, when used in that setting, "business finance" means something different, usually pertaining to working in the field of finance with a focus on businesses.