The Document That Does the Best Job of Introducing Potential

question 43

Multiple Choice

The document that does the best job of introducing potential investors and other stakeholders with the business opportunity the firm is pursuing and how it plans to pursue it is the ________.

• A) business plan
• B) feasibility analysis
• C) opportunity analysis
• D) industry analysis
• E) marketing plan

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Definitions:

Markov Model

A Markov Model is a mathematical system that undergoes transitions from one state to another on a state space. It is used for predicting the likelihood of future events based on current or past events.

Bullwhip Effect

When errors in estimating the supply of human capital are amplified along the supply chain, resulting in large overestimates of hiring needs.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value.

Linear Programming

A complex mathematical procedure commonly used for project analysis in engineering and business applications; it can determine an optimum or best-supply mix solution to minimize costs or other constraints.