ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A well written business plan should take at least three hours to read.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The business plan should be prepared by: Entrepreneurs.
Detailed explanation-2: -Also called the critical window, a window of opportunity is the short period of time within which some action can be taken that will achieve a desired outcome. Once this period is over, or the “window is closed, ‘’ the chance to take the opportunity is no longer possible.
Detailed explanation-3: -The biggest mistake you can make when preparing a business plan is failing to have a clear business vision. So the answer is d option. Vision is a statement about the future view of the business that will be undertaken, what the goals are, and what you want to achieve later.
There is 1 question to complete.