You Have Been Asked to Explain the Basic Elements of a Sound

question 87

Essay

You have been asked to explain the basic elements of a sound business plan to your friend, who is considering beginning a new business. What elements should you recommend he include in his business plan?

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Definitions:

Locomotion

The ability to move from one place to another, which can be observed in all animals and involves processes such as walking, swimming, or flying.

Fear Of Heights

An anxiety disorder also known as acrophobia, characterized by an extreme and irrational fear of high places.

Habituation

The process by which an organism reduces its response to a repeated stimulus over time, not due to fatigue or sensory adaptation.

Short-Term Memory

The ability to keep a limited amount of data in a state of readiness and easy access for a brief duration.