Which of the Following Components of a Business Plan Describes

question 16

Multiple Choice

Which of the following components of a business plan describes customers and other organizations in a business's external environment?

• A)Concept of the venture
• B)Description of the team
• C)Discussion of operational plans
• D)Executive summary

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Definitions:

Multiple-Choice Exam

A form of assessment where individuals select the correct answer(s) from several choices provided for each question, used to evaluate knowledge on a topic.

Rule

A prescribed guide for conduct or action, which can be established by an authority or developed within a particular system or community.

Functional Fixedness

A cognitive bias limiting a person's ability to use an object only in the way it is traditionally used, hindering creativity and problem-solving.

Familiar Object

An item that is readily recognized by an individual due to previous exposure or significance, evoking a sense of comfort or nostalgia.