The Primary Purpose of Building a Business Plan Is To

question 46

Multiple Choice

The primary purpose of building a business plan is to:

• A)raise capital.
• B)attract potential employees.
• C)provide direction,to create a "target" to shoot for.
• D)meet SEC requirements designed to protect lenders and investors.

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Definitions:

Barack Obama

The 44th President of the United States, serving from 2009 to 2017, and the first African American to hold the office.

Presidential Election

A political event held in various countries where citizens vote to elect the President, the head of the executive branch of government.

Interest Rate Futures

Financial derivatives contracts that lock in the future delivery of an asset with an interest-bearing instrument at a specified price.

Eurodollars

Deposits held in banks outside the US but denominated in US Dollars, not under jurisdiction of the Federal Reserve.