What are the two main reasons for writing a business plan? ...

[cookcarl]

What are the two main reasons for writing a business plan?
 
  What will be an ideal response?

Question 2

A team-based job design would work best for a business under what circumstances?
 
  A) The business has a bureaucratic organization structure.
  B) The business has a flat and boundaryless structure.
  C) The business maintains a strong defender strategy.
  D) The business is considering a move toward goal-setting theory.

[cam1229]

Answer to Question 1

First, writing a business plan forces a firm's founders to systematically think through each aspect of their new venture. Second, writing a business plan creates a selling document for a company. It provides a mechanism for a young company to present itself to potential investors, suppliers, business partners, key job candidates, and others.

Answer to Question 2

Answer: B

[cookcarl]

Correct answers!

[cam1229]

Great! Please up vote