Question

Chaz has an idea for a service business. It has worked well in other markets, and Chaz sees no reason why it should not work locally. The service involves renting DVDs about colleges and universities to high school students. The colleges Chaz has contacted are all for it, and the students he has talked to are excited about the idea as well. However, the three banks from which he has tried to borrow money to set up his business are skeptical. They have all turned him down for a loan.

Answer 1

Answer: Networking

Step-by-step explanation:

Networking had to do with the interaction with other people in order to exchange information and for social and professional development.

Since the three banks from which he has tried to borrow money to set up his business are skeptical and they have all turned him down for a loan while the colleges Chaz has contacted are all for it, and the students he has talked to are excited about the idea as well, he should network so that he can be able to get the required fund to set up the business and also get professional advice.