At a Minimum, a Business Plan Should Include All of the Following

question 32

Multiple Choice

At a minimum, a business plan should include all of the following elements EXCEPT

• A) a significant amount of hard evidence.
• B) a primary focus on the product(s) the entrepreneur is selling.
• C) candor about the risks, gaps, and assumptions that might be proved wrong.
• D) a logical statement of a problem and its solution.

Recognize the components and importance of strategic planning in the context of organizational success.

Understand the characteristics of competitive advantage and the factors that contribute to sustaining it.

Identify and analyze the patterns of strategic decision-making within organizations.

Recognize the role of organizational culture in shaping strategic direction.

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Definitions:

Community College Degree

An academic qualification awarded by community colleges upon completion of a specified program of study, usually an associate's degree.

High School Education

A secondary level of formal education typically completed by adolescents that encompasses grades 9 through 12 or equivalent.

Psychological Problems

Mental or emotional issues that affect an individual's thinking, behavior, and overall function.

Therapy

The treatment of mental or psychological disorders by psychological means.