Which of the following points does the existence of a business plan demonstrate?
A) The business process has been carefully planned.
B) The business will be financially successful.
C) The business fulfills an important market need.
D) The business has full-time employees.
E) The business has a unique idea.

Question

Quizplus · Accepted Answer

The existence of a business plan demonstrates that the business process has been carefully planned out, including strategies for marketing, operations, and financials. It does not necessarily guarantee financial success, fulfilling a market need, having full-time employees, or having a unique idea.

Which of the Following Points Does the Existence of a Business