ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A business plan conveys the ____ of your business, including titles of directors or officers and their individual duties.
A
Operational Milestones
B
Organizational Structure
C
Management Tool
D
Objectives and Goals
Explanation: 

Detailed explanation-1: -Executive summary Include your mission statement, your product or service, and basic information about your company’s leadership team, employees, and location. You should also include financial information and high-level growth plans if you plan to ask for financing.

Detailed explanation-2: -The organization and management section of your business plan should summarize information about your business structure and team. It usually comes after the market analysis section in a business plan.

Detailed explanation-3: -Organizational structures are presentations and descriptions of how roles, responsibilities, power, communication systems and other elements are organized and distributed in a company [2]. It describes, for example if an organization is hierarchal, ‘flat’, vertical or horizontal.

Detailed explanation-4: -The title page captures the legal information of the business, which includes the registered business name, physical address, phone number, email address, date, and the company logo.

There is 1 question to complete.