Which of the Following Is the Main Purpose for Writing

question 34

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 entrepreneur.

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Definitions:

Cohabiting Couple

A couple who live together and share a domestic life without being legally married.

Mother

A female parent or guardian who has raised a child through birth or adoption, providing care, love, and guidance.

Widows

Women whose spouses have died and who have not remarried.

Remarriage

The act of marrying again after being divorced or widowed, entering into a subsequent marriage following the end of a previous one.