Mark Has a Brilliant Business Idea That He Intends to Explain

question 40

Multiple Choice

Mark has a brilliant business idea that he intends to explain to a venture capitalist.However,the venture capitalist agrees to invest in Mark's idea provided he prepares a report that explains the product,price,distribution,and promotion strategy.The venture capitalist also wants Mark to include an analysis of the existing competition and to clearly indicate his target customers in the report.Mark has been typically asked to prepare a _____ by the venture capitalist.

• A) letter of credit
• B) balance sheet
• C) documentary draft
• D) marketing plan

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Definitions:

Self-transcendence Needs

Self-transcendence needs are the highest level on Maslow's hierarchy, involving the pursuit of achieving one’s full potential and finding meaning beyond one’s self.

Blood Glucose

The main type of sugar found in the blood and the body's main source of energy.

Orexin

A type of neurotransmitter that regulates arousal, wakefulness, and appetite, often implicated in sleep disorders such as narcolepsy.

Insulin

A hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose into tissues.