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Author Question: A ________ outlines an organization's official position on issues that affect its success. A) ... (Read 174 times)

geodog55

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on: Jun 23, 2018
A ________ outlines an organization's official position on issues that affect its success.
 
  A) policy report
  B) position paper
  C) feasibility report
  D) business plan
  E) compliance report

Question 2

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.


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kxciann

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Reply #1 on: Jun 23, 2018
Answer to Question 1

Answer: B
Explanation: B) Position papers outline an organization's official position on issues that affect the company's success.

Answer to Question 2

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.


geodog55

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Reply 2 on: Jun 23, 2018
Excellent

lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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