When Dealing with Weaknesses in a Business Plan, the Entrepreneur

question 34

Multiple Choice

When dealing with weaknesses in a business plan, the entrepreneur should

• A) use technical jargon to confuse reader.
• B) ignore the weakness as this might not attract investors.
• C) assume that investors will not find them.
• D) be straightforward with them and have an action plan.

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Definitions:

Observer Bias

The tendency for observers to see what they expect to see, or to interpret data in a way that reflects their own preconceptions.

Clinical Picture

A comprehensive representation of a patient's current and past medical history and symptoms.

Syndrome

A group of symptoms that consistently occur together or a condition characterized by a set of associated symptoms.

Participant Observer

A research method in which the researcher becomes actively involved in the group or situation being studied while also observing it.