The ________ test that a business plan must pass in order 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
Q12: The _ highlights significant financial and operational
Q23: The value test that a business plan
Q25: The reality test that a business plan
Q26: Issues such as market size, growth trends,
Q27: The company history section of the business
Q28: Ideally, a business plan should range from
Q30: The _ serves as the "thesis statement"
Q32: _ are broad, long-range statements of what
Q35: Which of the following is true regarding
Q36: Which of the following is true about
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