Match the Term with Its Definition

question 22

Multiple Choice

Match the term with its definition.
-A section of the business plan that identifies the potential risks that may be encountered by an investor

• A)business model
• B)business plan
• C)critical risks section
• D)financial plan
• E)lean startup
• F)marketing plan
• G)pitch
• H)product/service plan
• I)revenue model
• J)short plan
• K)value proposition

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Definitions:

Gross Sales

The total unadjusted income a company generates from sales before any deductions are made.

Pooled-variances T-test

A statistical method for testing if two populations have equal variances.

Population Variances

The measure of how data points in an entire population are spread out from the average value (mean).

Variance

A statistical measure of the spread between numbers in a data set, indicating how much the values differ from the mean of the set.