A Description of the Good or Service,an Assessment of the Opportunity,an

question 28

Multiple Choice

A description of the good or service,an assessment of the opportunity,an assessment of the entrepreneur,specification of activities and resources needed to translate the idea into a viable business,and the source(s) of capital together make up a(n)

• A)business plan.
• B)control system.
• C)opportunity analysis.
• D)business audit.
• E)organization chart.

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Definitions:

Impression Management

The process by which individuals attempt to control the perceptions others have of them, often to appear more favorable or competent.

Systematic Attempt

A deliberate and organized effort to accomplish a specific task or solve a particular problem, following a planned methodology.

Flattering Others

The act of giving excessive or insincere praise to gain favor or advantage.

Perceptual Distortions

Misinterpretations or misconceptions of a real situation due to misapplication of sensory impressions.