A(n) ________ Is a Document That Thoroughly Explains a Business

question 14

Multiple Choice

A(n) ________ is a document that thoroughly explains a business idea and how it will be carried out.

• A) Business plan
• B) Analysis
• C) Resume
• D) Marketing plan
• E) Operations plan

Recognize the misuse of intelligence tests and the ethical considerations involved.

Understand the basic requirements and components of a valid e-contract.

Identify the elements that make an offer effective or not.

Recognize the implications of unauthorized methods of acceptance on the validity of an offer.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a competitive marketplace.

Firm's Willingness

The inclination or readiness of a business to take certain actions, such as producing a certain quantity of goods or setting a certain price, based on economic motivations.

Market Price

The current price at which a good or service can be bought or sold in a marketplace, determined by supply and demand.

Firm's Willingness

The degree to which a company is prepared to produce goods or services at a certain price.