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

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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?


Definitions:

Triarchic Theory of Intelligence

A theory proposed by Robert Sternberg that posits intelligence consists of three components: analytical, creative, and practical intelligence.

Analytical Intelligence

One aspect of Robert Sternberg's triarchic theory of intelligence, involving the ability to analyze, evaluate, judge, compare, and contrast.

Linguistic Intelligence

The ability to think in words and to use language to express and appreciate complex meanings, including sensitivity to the meanings of words, order among words, and sound, rhythms, inflections, and meter of words.

Creative Intelligence

The capacity to solve problems and produce new products, concepts, or artworks through novel or imaginative processes.

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