A Business Plan

question 76

Multiple Choice

A business plan

• A)is useful only before a company is launched.
• B)always contains the same elements.
• C)should not identify risks and problems, since these might discourage potential investors.
• D)is sometimes prepared after a company is up and running.

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Definitions:

Due Process

A legal principle ensuring fair treatment through the normal judicial system, especially as a citizen's entitlement.

Denied

The refusal to grant a request or deny access to resources or rights.

Promotion

The act of elevating an employee to a higher position within the organization, often accompanied by increased responsibilities and pay.

HR Competencies

The skills, knowledge, and abilities that are crucial for professionals in human resources to effectively manage workforce-related functions.