Which of the following statements about business plans is least accurate?

A) Business plans are generally written in response to RFPs.
B) A business plan is another form of proposal.
C) A business plan is critical for securing financial support of any kind.
D) The reader of a business plan is typically a bank loan officer, a venture capitalist, or an investor.


A

Business

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Which of the following concepts is important to accrual accounting?

a. Time period, because accrual accounting divides earnings into time periods b. Monetary unit, because inflation is a big factor in the environment c. Cash basis, because if cash is not received, revenue is not accrued d. Entity concept, because personal transactions must be separated from business transactions

Business

The ability to understand and ______ to nonverbal messages helps unlock meaning’s door.

Fill in the blank(s) with the appropriate word(s).

Business

Compare and contrast line extensions and product modifications.

What will be an ideal response?

Business

Describe the PRIZM method of segmenting consumer markets

What will be an ideal response?

Business