In Order to Meet the Financial Needs for Future Business

question 119

Multiple Choice

In order to meet the financial needs for future business growth as well as current demands, TruWood Cabinet Makers must secure a business loan of $125,000 from a local bank. The loan committee has asked owner and general manager Jarret Jones to write a comprehensive business plan that meets all of First Security Bank’s requirements for such a large loan. After a lot of research and careful writing, the plan is constructed and ready for presentation to the loan committee.
-The section of his business plan in which Jones sets forth the purpose of his cabinet-making business-its reason for existing-is called the _____.

• A)"Executive Summary"
• B)"Vision Statement"
• C)"Statement of Goals"
• D)"Mission Statement"

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Definitions:

Hypnosis

A trance-like state of focused attention and increased suggestibility, often used for therapeutic purposes to explore thoughts and feelings deeply.

Cognitive Approach

A psychological perspective that emphasizes mental processes in perception, memory, language, problem solving, and other areas of behavior.

Dreaming Thoughts

The ideas, narratives, and images that occur in the mind during the REM (Rapid Eye Movement) stage of sleep.

Waking Thoughts

The thoughts and mental processes that occur during the state of being awake.