A Formal Planning Step That Focuses on an Entire Venture

question 98

Multiple Choice

A formal planning step that focuses on an entire venture and describes all the elements involved in starting it is known as a(n)

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

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Definitions:

Acquaintance Phase

An initial stage in team development or interpersonal relationships where members get to know each other and establish basic expectations.

Citizenship Behaviors

Actions by employees that are not part of their formal job requirements but that help to enhance the workplace and organization's functioning.

LMX

Leader-Member Exchange, a theory highlighting the dyadic relationship quality between leaders and their followers.

Ilies et al.

Refers to authors of scholarly works, possibly referencing their contribution or findings in the field of psychology, leadership, or a related area.