The business plan is important to the entrepreneur and other interested stakeholders for which of the following reasons?
A) It helps to determine the viability of the venture in a designated market.
B) It provides guidance to the entrepreneur in organizing his or her planning activities.
C) It serves as an important tool in helping to obtain financing.
D) All of the answers are correct.
E) None of the answers apply.
Correct Answer:
Verified
Q27: Which of the following interested parties may
Q28: Comparing a business plan to a road
Q29: Generally, the business plan should be prepared
Q30: Which of the following is not one
Q31: The entrepreneur should also document customer needs
Q33: The purpose of using the first draft
Q34: When it comes preparing a business plan,
Q35: Generally, a lack of experience will result
Q36: Which of the following is not one
Q37: As discussed in the text, when evaluating
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents