Stephanie Is Writing the Executive Summary of Her Business Plan

question 48

Multiple Choice

Stephanie is writing the executive summary of her business plan to start a fast food restaurant.For a sustainable approach,which of the following information must be present in the executive summary?

• A)Strategies for enhancing financial well-being
• B)Strategies for outperforming competitors
• C)Strategies for enhancing multiple forms of well-being
• D)Strategies for creating a demand for products and services

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Definitions:

Overreward Inequity

A situation where an individual perceives they are receiving more rewards than what their efforts justify.

Underrewarded

The feeling or situation that arises when an individual perceives that their rewards or compensations do not reflect their contributions or efforts adequately.

Fixed Pay

A predetermined amount of salary or wages that an employee receives on a regular basis, such as weekly or monthly, regardless of performance.

Maslow's Needs Hierarchy

Maslow's Hierarchy of Needs is a psychological theory that categorizes human needs into a five-tier model, ranging from basic (physiological) needs to higher-level (self-actualization) needs.