For Each Definition, Select the Term That Best Fits

question 45

Multiple Choice

For each definition, select the term that best fits.
-An abbreviated business plan that presents only the most important issues and projections for the business

• A)business model
• B)business model risk
• C)business plan
• D)comprehensive plan
• E)cost structures
• F)critical risks
• G)executive summary
• H)exit strategy
• I)feasibility analysis
• J)financial plan
• K)management team
• L)marketing plan
• M)maximum investment
• N)offering
• O)operations and development plan
• P)product/service plan
• Q)pro forma statements
• R)revenue model
• S)short plan

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Definitions:

Complex Words

Words that are made up of two or more morphemes, often resulting in a longer and more difficult to understand word.

Clear and Effective

This term implies communication or actions that are understandable and produce the intended results without confusion.

Technical Words

Terminology specific to a particular field or area of expertise, not commonly understood by the general populace.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.