To an Entrepreneur, One of the Benefits of a Business

question 46

Multiple Choice

To an entrepreneur, one of the benefits of a business plan is that it identifies

• A)profit strategies.
• B)benchmarking measures for comparing forecasts with actual results.
• C)critical risks.
• D)potential sources of financing.

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Definitions:

Role Conflict

A situation where an individual faces competing demands or expectations from different roles they occupy.

College Students

Individuals enrolled in an institution of higher education, typically pursuing undergraduate degrees.

Self-Presentational Processes

The strategies and efforts individuals use to control or influence the impressions others form of them, often in social or professional settings.

Role Processes

The dynamics involved in the enactment and performance of roles in social, work, or group settings.