The ______ has replaced the formal business plan in most venues.

Question

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The pitch deck has become the preferred way of presenting a business idea to investors and other stakeholders in most settings. It is a visual presentation that provides an overview of the business opportunity, market size, competitive advantage, revenue model, team, and financial projections. It is concise, compelling, and easy to understand, making it ideal for pitching to time-constrained audiences. In contrast, the formal business plan is more detailed and often requires a considerable amount of time and resources to prepare. The Business Model Canvas, feasibility study, and business brief are also useful tools for evaluating and communicating a business idea, but they are not as widely used as the pitch deck.

The ______ Has Replaced the Formal Business Plan in Most