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The Overall Purpose of a Business Plan Is to

Question 52

Multiple Choice

The overall purpose of a business plan is to


A) identify all actions required up to the point when the firm opens its doors.
B) outline activities for the business in its first year of operation.
C) provide prospective lenders with a blueprint for action.
D) determine potential demand for the firm's product or service.
E) determine the most appropriate form of ownership.

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