MCQOPTIONS
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| 1. |
A business plan is important for all of the following reasons EXCEPT: |
| A. | a business plan forces a firm's founders to systematically think through each aspect of their new venture. |
| B. | a business plan provides lenders and investors assurance that they will earn a decent return. |
| C. | a business plan provides an investor with something to react to. |
| D. | a business plan is a selling document that enables a company to present itself to potential suppliers and business partners. |
| Answer» C. a business plan provides an investor with something to react to. | |