ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
A business plan explains the idea behind your business.
|
|
True
|
|
|
False
|
|
|
Either A or B
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -A business plan explains the idea behind your business and spells out how your product or service will be produced and sold. A business plan does not set specific objectives or describes how your business expects to achieve them.
Detailed explanation-2: -The executive summary is often considered the most important section of a business plan. This section briefly tells your reader where your company is, where you want to take it, and why your business idea will be successful.
Detailed explanation-3: -A business plan is essentially a written summary of the various aspects of a business’s operation and their influence on financial results.
There is 1 question to complete.