Question

question 17 exercises - entrepreneurship: going from an idea to a business fast food industry 101 gluten-free crepes fresh organic fruits crepes à la nana menu what are the three main factors addressed in a business plan? a) marketing plan, management plan, and financial plan b) executive summary, plans, and financials c) goals, plans, and metrics for success d) the business, the plan, and the angel investors e) mission, vision, and metrics for success

Explanation:

To determine the three main factors in a business plan, we analyze each option:

• Option A: A business plan typically includes a marketing plan (how to promote the business), a management plan (how the business will be run), and a financial plan (financial projections and strategies), which are core components.
• Option B: Executive summary is a part of a business plan, but "plans" and "financials" are too vague and not the main three factors.
• Option C: Goals and metrics are part of a plan, but this is not the standard three main factors addressed.
• Option D: Angel investors are external and not a main factor of the business plan itself.
• Option E: Mission and vision are part of a plan, but not the three main factors focused on in the structure of a business plan.

Answer:

A) marketing plan, management plan, and financial plan