Peter Jackson Has Included the Résumés of His Management Team

question 113

Multiple Choice

Peter Jackson has included the résumés of his management team and a set of financial statements in his business plan.In what section of the plan will a bank officer find this information?

• A)"Financial Plan"
• B)"Appendices"
• C)"Development and Production"
• D)"Core Values"

---

Definitions:

Total Profit

The financial gain obtained by subtracting total expenses from total revenue generated from sales or operations.

MR

Marginal Revenue, the additional income that an organization earns by selling one more unit of a product or service.

MC

Marginal Cost; the additional cost incurred from producing one more unit of a good or service.

Tunnel Vision

A cognitive bias that creates a focus on a single goal or perspective, often leading to overlooking other relevant information or alternatives.