As a monitor-and-control mechanism, a business plan
A) is useful only before a company is launched.
B) always contains the same elements.
C) should not identify risks and problems, since these might discourage potential investors.
D) is sometimes prepared after a company is up and running.
E) is useful only when seeking additional funding.
Answer: D
Explanation: D) Surprisingly, many companies do not write out a business plan until they are already operating. Many new companies start out with just a few people who do everything and don't require formal plans. When these companies grow, they often see the need to create a business plan, mostly as a way to monitor and guide the growth process as they continue to expand.
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Under the Clean Air Act
a. states and the EPA were to act as partners wherein the individual states would formulate state implementation plans to meet primary and secondary standards created by the EPA. b. the EPA formulated primary and secondary standards for air pollution; however, the individual states were not required to comply with these standards if they already had reasonable state statutes or regulations in place. c. the states were required to follow the guidelines established by the EPA and did not have the authority to create their own state plans for implementing the federal standards. d. state laws or regulations preempt or take precedence over the guidelines promulgated by the EPA.
________ developed a categorization scheme for defining what managers do, consisting of 10 different but highly interrelated roles.
A. Henri Fayol B. Abraham Maslow C. Henry Mintzberg D. Peter Drucker
A catalog hub is a central distribution point where buyers may purchase items directly from manufacturers before the items are shipped to retailers
Indicate whether the statement is true or false
Receiving an instrument by negotiation
a. is the same as receiving the instrument by assignment. b. makes the third party who takes possession of the instrument a holder. c. converts the instrument into bearer paper. d. prevents the instrument from being further transferred.