Which of the Following Statements About Business Plans Is False

question 87

Multiple Choice

Which of the following statements about business plans is false?

• A)If you are seeking a banker,investor,or partner,a business plan is absolutely essential.
• B)If you are trying to run your business in an ambitious way,a business plan is vitally important.
• C)Typically,the higher-performing firms in any industry tend to be those who engage in planning.
• D)Having a business plan guarantees higher profits.

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Definitions:

3-pentanamine

An organic compound, specifically an amine with the formula C5H11NH2, featuring an amino group attached to the 3rd carbon of a pentane chain.

Structure

The arrangement of atoms within a molecule, defining its chemical properties and behavior.

Morphine

A potent opiate analgesic drug derived from the opium poppy used to relieve severe pain.

Amine Class

A class of organic compounds characterized by the presence of a nitrogen atom connected to one or more alkyl or aromatic groups.