The ________ test that a business plan must pass to attract financing from lenders and investors involves proving that a market for the company's product or service actually does exist and that the company actually can build it for the cost estimates included in the plan.
A) reality
B) competitive
C) value
D) profitability
Correct Answer:
Verified
Q1: The second essential purpose for creating a
Q3: The competitive test that a business plan
Q4: A solid business plan _.
A)forces potential entrepreneurs
Q5: A business plan _.
A)is a valuable managerial
Q6: The competitive test that a business plan
Q7: Although building a business plan does not
Q8: The reality test that a business plan
Q9: The data shows that writing a business
Q10: A business plan is a written summary
Q11: To get external financing, an entrepreneur's business
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