"This Business Will Create a Caring, Learning Environment for Elementary

question 173

Multiple Choice

"This business will create a caring, learning environment for elementary school children after regular school hours to meet the needs of working parents." This statement answers which of the following issues that should be addressed in a business plan?

• A) How much will the new business cost?
• B) Why is this new business a good idea?
• C) What are Cindy's goals for the business?
• D) What is the nature and mission of the business?
• E) How often will the business advertise?

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Definitions:

CEOs Paid

Refers to the compensation, including salary, bonuses, and stock options, received by chief executive officers of corporations.

Average Employee

A hypothetical or statistical worker representative of the typical skill level, salary, and experience within a company or industry.

Economic Planning

The process by which government officials allocate resources and organize economic activities with the goal of achieving specific economic outcomes.

CEOs Pay

The compensation received by chief executive officers, including salary, bonuses, shares, and other financial rewards, often a subject of public debate regarding its fairness and impact on company performance.