INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A business plan forces you to figure out how to make your business work and helps track if the business is meeting its goals.
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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: -Which of the following is true about the preparation of a business plan? The elements of the plan may be standard, but the content should reflect the unique aspects of the business and the excitement of the entrepreneur. A synonym for capacity is: cash flow.
Detailed explanation-2: -A business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.
There is 1 question to complete.