When Dealing with Weaknesses in a Business Plan,the Entrepreneur Should

question 25

Multiple Choice

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

• A)use technical jargon to confuse readers.
• B)ignore weaknesses as they 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:

United States

A country in North America known for being the world's largest economy, with a federal system of government.

Discrimination

The practice of according individuals or groups inferior treatment in hiring, occupational access, education and training, promotion, wage rates, or working conditions even though they have the same abilities, education, skills, and work experience as other workers.

Labor Force

The total number of people employed or actively seeking employment in an economy or specific labor market.

Competitive Economy

An economic system where businesses operate in a free market, with minimal barriers to entry and where prices are determined by supply and demand.