Which of the following is not one of the basic objectives of the business plan?
A) It identifies the nature and context of the business opportunity.
B) It outlines the approaches other entrepreneurs have taken in the same industry.
C) It outlines the approach the entrepreneur plans to utilize in exploiting the opportunity.
D) It highlights factors that will determine whether the venture will be successful.

Question

Quizplus · Accepted Answer

While the business plan may contain information about other entrepreneurs in the same industry, this is not one of the basic objectives. The basic objectives are to identify the nature and context of the opportunity, outline the approach the entrepreneur plans to use, and highlight factors that will determine success.

Which of the Following Is Not One of the Basic