After Fully Developing Their New Business Idea, Holly and Peter

question 99

Multiple Choice

After fully developing their new business idea, Holly and Peter recognize the need to develop a business plan. Typical business plans will include all of the following, except:

• A) mission or vision of the company.
• B) information about the suppliers.
• C) policy for extending credit to customers.
• D) analysis of critical risks that threaten success.
• E) All of these should be included.

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Definitions:

Legalistic Language

The formal and technical language associated with legal documents or contexts, often characterized by specialized vocabulary and complex sentence structures.

Business Communication

The sharing of information between people within an organization and with those outside it to achieve the company's objectives and to promote efficacy.

Cost Of Communication

The expenses related to exchanging information, whether financial, time, resources, or missed opportunities, in various forms of communication.

Business Communications

Business communications encompass the sharing of information between people within an organization and with external parties to achieve business objectives.