Which of the following statements is most likely to be true?
A) A carefully prepared business plan tends to be related to success of a new business.
B) Just having a business plan leads to success of a new business.
C) Venture capitalists do not care if an entrepreneur asking for funding has a plan or not.
D) Research shows that business plans are not related to success of a business.
E) Policy capturing is the best way to develop a business plan.
Correct Answer:
Verified
Q40: Break-even analysis refers to
A) the total number
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Q42: Why is break-even analysis important in the
Q43: Assume that an entrepreneur has been successful
Q44: Explain what policy capturing is as it
Q46: Which of the following is not an
Q47: What is a proforma income statement? Why
Q48: A plan describing how a new business
Q49: Discuss the importance of a business plan
Q50: Discuss the seven deadly sins,errors all entrepreneurs
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