A Business Plan Does Not

question 118

Multiple Choice

A business plan does not

• A)help determine the viability of the enterprise.
• B)help secure financing.
• C)provide a guide for planning and organizing.
• D)assure the success of the business.
• E)describe the venture in great detail.

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Definitions:

Managed

A term that refers to something being handled, directed, governed, or controlled by a person or a group, often used in the context of businesses or services.

Motivated Salesperson

A sales professional who demonstrates high levels of enthusiasm, commitment, and drive to achieve sales targets and provide excellent customer service.

Independent Agents

Individuals or entities that represent multiple companies and sell products or services on behalf of these companies without being directly employed by them.

Manufacturers' Representatives

Individuals or businesses that sell manufacturers' products to wholesalers and retailers without taking ownership of the goods, operating on a commission basis.