To convince lenders and investors to put their money into the venture, a business plan must prove to them that it offers a high probability of repayment or an attractive rate of return. This is the ________ test.
A) attractiveness
B) competitive
C) reality
D) value
Correct Answer:
Verified
Q12: A business plan is a written summary
Q13: The value test that a business must
Q14: The three "tests" associated with a business
Q15: Potential investors tend to believe that if
Q16: A well-prepared business plan forces an entrepreneur
Q19: The value test that a business plan
Q20: The reality test that a business plan
Q21: Because the entrepreneur is the driving force
Q22: A table of contents that allows lenders
Q61: The primary purpose of building a business
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