Which of the following statements about business plans is least accurate?
A)Business plans are generally written in response to RFPs.
B)A business plan is another form of proposal.
C)A business plan is critical for securing financial support of any kind.
D)The reader of a business plan is typically a bank loan officer,a venture capitalist,or an investor.

Question

Quizplus · Accepted Answer

Business plans are not generally written in response to RFPs (Request for Proposals). RFPs are more commonly used in government procurement processes to solicit proposals from vendors to provide a service or supply a product. Business plans, on the other hand, are written by entrepreneurs to outline their business strategy, goals, and financial projections.

Which of the Following Statements About Business Plans Is Least