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Author Question: What are the two main reasons for writing a business plan? What will be an ideal ... (Read 209 times)

cookcarl

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on: Jul 6, 2018
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.


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cam1229

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Reply #1 on: Jul 6, 2018
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

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Reply #2 on: Jul 6, 2018
Correct answers!


cam1229

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Reply #3 on: Jul 6, 2018
Great! Please up vote :D


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