ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What part of the business plan can present a clear statement of values critical to integrity and culture of the business?
A
Marketing Plan
B
Production Plan
C
Operational Plan
D
Statement of Vision, Mission and Values
Explanation: 

Detailed explanation-1: -Make sure to include your business values in your business plan (particularly in Section 1, Executive summary).

Detailed explanation-2: -Below are some of the common and key parts of a business plan. Executive summary: This section outlines the company and includes the mission statement along with any information about the company’s leadership, employees, operations, and location.

Detailed explanation-3: -A Mission Statement is a definition of the company’s business, who it serves, what it does, its objectives, and its approach to reaching those objectives. A Vision Statement is a description of the desired future state of the company. An effective vision inspires the team, showing them how success will look and feel.

Detailed explanation-4: -The purpose of the design and development plan section is to provide investors with a description of the product’s design, chart its development within the context of production, marketing and the company itself, and create a development budget that will enable the company to reach its goals.

There is 1 question to complete.