You Are a Management Consultant Specializing in Business Planning for New

Multiple Choice

You are a management consultant specializing in business planning for new ventures.You are meeting with a group of four investors who want you to develop a business plan for their new bio-diesel company.You tell them that the full business plan is really the second step.The first step is to complete a ________,which will eventually form the basis of the business plan.

A) market penetration evaluation
B) strategic plan
C) business plan
D) feasibility study