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Author Question: Lost sales and goodwill are potentially significant costs that may arise from ________. A) Too ... (Read 143 times)

mia

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on: Jul 6, 2018
Lost sales and goodwill are potentially significant costs that may arise from ________.
 
  A) Too little inventory
  B) Too much inventory
  C) Both A and B
  D) Giving too much
  E) Caring too much

Question 2

Explain three reasons why a start-up organization would have a written business plan.
 
  What will be an ideal response?
Entrepreneurship and Small Business Management ¦ Mariotti, Glackin ¦ 2nd Edition
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rosiehomeworddo

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

The foremost reason is to organize one's thoughts before starting a business. A well-written plan should guide the entrepreneur every step of the way. It is also important to attract professional investors. A plan also forces one to think about the viability of the business before launching it and consequently make adjustments necessary for success.


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