General Studies · Entrepreneurship
In the context of entrepreneurship, a business plan can best be described as:
- 1A marketing document used solely for promotional activities of a firm
- 2A report prepared by government agencies to evaluate industrial growth
- 3A comprehensive document outlining the objectives, strategies and operational plans for establishing a new venture✓
- 4A legal agreement between financial institutions and entrepreneurs
Correct answer
A comprehensive document outlining the objectives, strategies and operational plans for establishing a new venture
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