Which of the Following Is Not an Important Reason for Preparing

question 12

Multiple Choice

Which of the following is not an important reason for preparing a business plan?

• A)To persuade investors to invest in your company
• B)To obtain financing from a bank
• C)To use as a yardstick by which you can measure your business' performance
• D)All of the above are reasons for preparing a business plan

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Definitions:

Competent

Possessing the necessary skills, knowledge, and ability to perform a specific task or job effectively.

Confident

The state of feeling certain about the truth of something or having a firm belief in one's abilities, quality, and judgment.

Task Identity

The degree to which a job requires the completion of a whole and identifiable piece of work.

Job Characteristics Model

A theory that proposes how job design affects employee motivation, satisfaction, and performance, highlighting five core job dimensions.