The executive summary would most likely be found at the top of a full business plan. If someone was interested in learning about the entrepreneur’s vision, what may be found in the executive summary?A.Key points about the proposed entrepreneurial venture, including a mission statement, goals and historyB.The financial plans including the projected income statements, cash flow analysis, balance sheets and cost controls for the last three yearsC.The demographics of the target market, evaluation of industry trends, and identification of competitorsD.The broad external changes and trends taking place in the economic and global environments
Question
The executive summary would most likely be found at the top of a full business plan. If someone was interested in learning about the entrepreneur’s vision, what may be found in the executive summary?A.Key points about the proposed entrepreneurial venture, including a mission statement, goals and historyB.The financial plans including the projected income statements, cash flow analysis, balance sheets and cost controls for the last three yearsC.The demographics of the target market, evaluation of industry trends, and identification of competitorsD.The broad external changes and trends taking place in the economic and global environments
Solution
The executive summary of a business plan typically includes key points about the proposed entrepreneurial venture. This would likely include the entrepreneur's vision for the business, encapsulated in a mission statement. It would also outline the goals of the business and provide some history or background information. Therefore, the answer is A. Key points about the proposed entrepreneurial venture, including a mission statement, goals and history.
Similar Questions
One part of a full business plan is the analysis of opportunity. Which of the following describes what you would find in this section of the plan?A.Key points about the proposed entrepreneurial venture, including a mission statement, goals and historyB.The financial plans including the projected income statements, cash flow analysis, balance sheets and cost controls for the last three yearsC.The broad external changes and trends taking place in the economic and global environmentsD.The demographics of the target market, evaluation of industry trends, and identification of competitorsSubmit
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