A Business Plan for a New Venture Has Many Components

question 8

Multiple Choice

A business plan for a new venture has many components.Which of the following would you not expect to be a significant component in a business plan?

• A)Demonstration of technological merit and novelty.
• B)Identification of the key markets and customers.
• C)Assessment of potential competitors and barriers.
• D)Estimations of cash-flow and financial requirements.

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Definitions:

Linear Programming

A mathematical method used to find the best possible outcome in a given mathematical model with linear relationships.

Regression Analysis

A statistical technique for analyzing the connection between a single dependent variable and one or more independent variables.

Vacancy Model

A vacancy model is a theoretical or practical framework used to predict or analyze the vacant positions within an organization at any given time.

Personnel Supply Requirements

This involves determining the quantity and quality of employees available in the market that meet the organization's needs.