Multiple Choice
In order to improve his chances of small business success, Demitri prepared a business plan. Most often, a positive outcome of this exercise is:
A) the plan will meet federal reporting requirements of the Internal Revenue Service.
B) the plan ensures financing will be available from the Small Business Administration.
C) the plan enables Demitri to think carefully about all aspects of his business idea.
D) the plan will protect Demitri from failure.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: A business is considered small by comparing
Q55: Potential entrepreneurs would be well advised to
Q60: Which of the following sources of investment
Q65: Justin feels that his family-run business will
Q66: Marcos is a recent college graduate. He
Q68: For prospective entrepreneurs, enrolling in an introduction
Q101: Management includes attention toward financing the business,
Q150: Effective entrepreneurial teams combine<br>A) creativity with marketing
Q161: Similar to how large businesses proceed, small
Q296: Entrepreneurs take calculated risks.