Multiple Choice
A business plan:
A) is developed through an intuitive process by which the entrepreneur records his/her plans for the business in the future.
B) focuses on the internal elements of the business.
C) forces an entrepreneur to think a business idea through,considering both its positive and its negative aspects.
D) is a strategic plan for a business that must be supplemented by operational plans once financing is secured.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: In the business strategy section of the
Q10: The _ is the first part of
Q11: The "competitor analysis" section of the business
Q12: A common reason cited by banks which
Q13: To summarize the presentation to each potential
Q15: Proving that a profitable market exists involves:<br>A)showing
Q16: General requests for funds e.g. ,"working capital"
Q17: An explanation of how the product will
Q18: Defining the target market's potential and describing
Q19: The conditions in the business environment have