Business plan documents may differ in their specifics,but all effective ones share the following characteristics,except:
A) They demonstrate a clear, compelling vision.
B) Provide detailed information about potential customers and target market characteristics.
C) Pay attention to formatting and clear writing.
D) Are detailed, complex and are typically greater than 50 pages in length.
E) All of these are characteristics of effective business plans.

Question

Quizplus · Accepted Answer

This statement is incorrect. Effective business plans do not necessarily have to be detailed and complex, nor do they have to be greater than 50 pages in length. In fact, many successful business plans are concise and to the point, focusing on the key elements that will drive success.

Business Plan Documents May Differ in Their Specifics,but All Effective