What Are the Benefits of Using Visuals in a Business

question 82

Multiple Choice

What are the benefits of using visuals in a business plan?

• A)They allow you to exaggerate your financial projections.
• B)They are a good way to break up the text.
• C)They help you avoid typos.
• D)They help you avoid the exaggerated hockey stick.

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Definitions:

Utility Function

A mathematical representation that ranks individual preferences for various goods or services, depicting how choices provide levels of satisfaction or utility.

Income

The financial gain received by an individual or a business in exchange for providing goods or services or through investing capital.

Labor Income

Earnings derived from work, including wages, salaries, bonuses, and other compensation for employment.

Nonlabor Income

Earnings derived from sources other than employment, such as investments, pensions, or inheritance.