A Description of the Good or Service, an Assessment of the Opportunity

question 93

Multiple Choice

A description of the good or service, an assessment of the opportunity, an assessment of the entrepreneur, specification of activities and resources needed to translate the idea into a viable business, and the source(s) of capital together make up a(n)

• A) Business plan.
• B) Control system.
• C) Opportunity analysis.
• D) Business audit.
• E) Organization chart.

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Definitions:

Especially Pleasing

Specially or particularly gratifying, enjoyable, or satisfying to an individual's tastes or senses.

George Homans

An American sociologist known for founding behavioral sociology and for his advancements in social exchange theory.

Success-Stimulus

The motivation or drive that individuals or organizations experience following successful outcomes, encouraging further efforts or achievements.

Exchange Network

A social structure formed around the dynamics of exchanging goods, services, or information among individuals or organizations.