Describe and Explain Three Major Components of the Business Plan

question 72

Essay

Describe and explain three major components of the business plan.

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Definitions:

Crystallized Intelligence

The ability to use learned knowledge and experience, which typically increases or remains stable over the lifespan.

Diverge

To move or extend in different directions from a common point, or to differ in opinion or character.

Converge

To move towards one point from different places or ideas; to come together and meet or unite in a point or purpose.

PFIT Theory

Stands for Parieto-Frontal Integration Theory, which suggests that intelligence involves the integration of information between parietal and frontal brain regions.