Course Solutions Uncategorized (Answered) : Q53 Choose the correct answer: Which of the following statements is correct regarding business plans? [1 Mark] (a) A business

(Answered) : Q53 Choose the correct answer: Which of the following statements is correct regarding business plans? [1 Mark] (a) A business

Q53

Choose the correct answer: Which of the following statements is correct regarding business plans? [1 Mark] (a) A business plan has both an external and an internal audience. (b) A firm’s business plan is typically the first aspect of a proposed venture that will be seen by an investor. (c) To make the best impression, a business plan should follow an unconventional structure, so it will stand out. (d) A company’s business plan is typically written by its founders.

Expert Answer


A business plan is a written document that descibes the nature of the business including the sales and

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