Which of the Following Statements Regarding Business or Market Plan

question 6

Multiple Choice

Which of the following statements regarding business or market plan page length is most accurate?

• A)As a quick rule of thumb,there should be one page for every $10,000 required in the projected budget.
• B)The length of a business plan should never be less than 30 pages or greater than 35 pages.
• C)The length of the body of the plan should be between 15 and 30 pages including financial projections and appendices.
• D)For every page in the body of the work,there should be at least one additional page in the appendix to complement it.
• E)Although general guidelines suggest a length of 15 to 35 pages,the length of the plan should reflect the complexity of the product or service.

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Definitions:

Inputs

Resources that are used to produce goods or services, including time, labor, capital, and materials.

Available Resources

Assets, both tangible and intangible, that are available to an individual or organization for use in the production of goods or provision of services.

Organizational Setting

The context or environment in which an organization operates, including its culture, structure, and external influences.

Pool Talents

The act of combining the skills, knowledge, and abilities of a group of people to achieve common objectives more effectively.