Eliza Reyes seeks to open a new apparel business. She has completed the first formal stage of the planning process-the opportunity analysis. In so doing, she has

Question

Quizplus · Accepted Answer

The opportunity analysis is the first formal stage in the planning process and involves describing the service, assessing the opportunity, assessing oneself, and specifying the activities and resources needed to move the idea to a viable business. Therefore, choice D is the best answer. Choices A, B, and E are not specifically related to the opportunity analysis stage, and choice C refers to a later stage in the planning process focused on control systems.

Eliza Reyes Seeks to Open a New Apparel Business