One of the Primary Functions of a Business Plan Is

question 76

True/False

One of the primary functions of a business plan is to serve as a selling document-convincing key individuals that the venture has real potential.

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Definitions:

Unemployment Rate Trend

The direction and pattern over time in the unemployment rate, indicating whether joblessness is increasing, decreasing, or remaining stable within an economy.

1980's

A decade known for significant economic, political, and cultural events and developments worldwide.

Downward Trend

Describes a situation where there is a consistent decline in the value or level of a financial instrument, market index, or economic performance over time.

Discouraged Workers

Individuals not looking for work because they believe no jobs are available for them.