A Small Business Plans Should Be Written by

question 102

Multiple Choice

A small business plans should be written by

• A) Consultants
• B) Investors
• C) Proposed employees
• D) Proposed business owners

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Definitions:

Logrolling

The practice of exchanging favors, especially in politics, by reciprocal voting for each other's proposed legislation.

Private Sector

The part of the economy owned and operated by individuals and corporations for profit, as opposed to being controlled by the government.

Public Sector

The part of the economy composed of both public services and public enterprises, funded and operated by the government.

Inefficient

refers to the suboptimal allocation or use of resources in a way that does not maximize potential output or outcomes.