This is the part of the business plan that describes the ventures form of ownership, that is proprietorship, partnership, or corporation. If the venture is a partnership, the terms of the partnership should be included.

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

This is the part of the business plan that describes the venture’s form of ownership, that is proprietorship, partnership, or corporation. If the venture is a partnership, the terms of the partnership should be included.

A	Organized Plan
B	Organization Plan
C	Organizational Plan
D	Organizing Plan

Explanation:

Detailed explanation-1: -Operations and Management Plan In this section, outline how you will manage your company. Describe its organizational structure. Here you can address the form of ownership and, if warranted, include an organizational chart/structure.

Detailed explanation-2: -Title page. The title, or heading, of the plan, and very brief description of the business.

Detailed explanation-3: -Main Components of a Business Plan It may include a table of contents, company background, market opportunity, management overviews, competitive advantages, and financial highlights. It’s probably easiest to write the detailed sections first and then extract the cream to create the executive summary.

Detailed explanation-4: -2. Business description. The next part of a business plan is the business description. This component provides a comprehensive description of your business and its goals, products, services and target customer base.

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT