ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The written description of your proposed venture should be
A
detailed.
B
as short as possible.
C
completed at the end of the study,
D
persuasive.
Explanation: 

Detailed explanation-1: -A business plan is a document created by a company that describes the company’s goals, operations, industry standing, marketing objectives, and financial projections. The information it contains can be a helpful guide in running the company.

Detailed explanation-2: -Business Plan. A written description of a new business venture that describes all aspects of the business.

Detailed explanation-3: -A business plan is a written document that details a proposed venture. It must illustrate the current status, expected needs, and projected results of the new business. The business plan represents the entrepreneur’s roadmap for a successful enterprise.

Detailed explanation-4: -Scarborough (2013) defines a business plan as a written summary of an entrepreneur’s proposed business venture, its operational and financial details, its marketing opportunities and strategy, and its managers’ skills and abilities.

There is 1 question to complete.