Which of the Following Is the Main Purpose for Writing

question 41

Multiple Choice

Which of the following is the main purpose for writing a business plan?

• A) The plan helps the company develop a "road map" to follow.
• B) The plan introduces potential investors and other stakeholders to the business opportunity.
• C) Both A and B are equally important.
• D) Neither A nor B captures the true purpose of a business plan.
• E) Reason A is the most important for experienced entrepreneurs and reason B is the most important for inexperienced entrepreneurs.

---

Definitions:

Random Assignment

Random assignment is a procedure in research design used to distribute participants across various experimental conditions or groups, ensuring each has an equal chance of being assigned to any group.

Independent Groups

A research design where different subjects are assigned to distinct groups, with each group experiencing a unique condition.

Room Temperature

Generally refers to a comfortable ambient temperature for humans, typically considered to be around 20-22 degrees Celsius (68-72 degrees Fahrenheit).

Practice Effect

Improvement in participant performance with repeated testing.