Some Start-Up Investors Do Not Believe a Business Plan Is

Multiple Choice

Some start-up investors do not believe a business plan is beneficial in the early stages because

A) it is too easy for anyone to write up a plan.
B) most of the information is available on the Internet.
C) investors spend too much time reading them.
D) there is no need if the product is going to work.
E) it is difficult to anticipate circumstances and obstacles that will be encountered.