The First Plan You Will Write for Your New Venture

question 7

True/False

The first plan you will write for your new venture is the business plan, once that is complete, you will then conduct a feasibility study.

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Definitions:

Initiative Process

A procedure that allows citizens to propose and vote on legislation or constitutional amendments directly, bypassing the legislative body.

Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of constitutional or federal law.

Great Compromise

The agreement that large and small states reached during the Constitutional Convention of 1787 that in part defined the legislative structure and representation each state would have under the United States.

Three-Fifths Compromise

An agreement made during the 1787 Constitutional Convention stating that three-fifths of the enslaved population would be counted for determining taxation and representation in Congress.