QUESTION IMAGE
Question
question 1 (1 point)
a business plan is a ______ evaluation of a ventures chances for success.
practical
systematic
theoretical
question 2 (1 point)
a business plan is a game plan for ______ a business successfully.
marketing
managing
branding
question 3 (1 point)
______ guides the company by charting its future course and defining its strategy for following it.
business plan
marketing plan
business evaluation
Brief Explanations
- For Question 1: A business plan uses a structured, methodical process to assess a venture's success likelihood, which aligns with "Systematic".
- For Question 2: A business plan outlines the overall strategy to run and oversee a business, making "Managing" the correct fit as marketing and branding are subsets of business management.
- For Question 3: A business plan sets out a company's long-term direction and strategic roadmap, unlike a marketing plan (focused on promotion) or business evaluation (assessing performance).
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- Systematic
- Managing
- Business plan