Question

1. The business plan is a written document prepared by the entrepreneur that describes all
relevant external and internal elements involved in starting a new venture.
2. The business plan may be read by employees, investors, bankers, venture capitalist,
ment is true and F if it is false.
suppliers, customers, advisors, and consultants.
3. If the new venture is manufacturing operation, a production plan
is not necessary.
4. The Production Plan should not describe the complete manufacturing
process.
5. The organizational Plan is the part of the business plan that describes the venture's form of
ownership, that is, proprietorship, partnership, or corporation.
6. The Executive summary section of the business plan is prepared before the total plan is
written.
7. The Executive summary section of the business plan is about five to six pages in length.
8. The entrepreneur should consider trends in the GNP, unemployment by geographic area,
disposable income and so on.
9. Demand as it relates to the Industry is often unavailable from published sources.
10. Most entrepreneurs generally face potential threats from larger corporations.​

Answer 1

Answer:

What we have to do by this?????

Answer 2

Answer:

The abovementioned question is answering whether the statements are true or false, hence the following:-

1. True.
2. False.
3. False.
4. True.
5. False.
6. False.
7. False.
8. True.
9. True.
10. True.

Explanation:

1.  The business plan is a written document prepared by the entrepreneur that describes all relevant external and internal elements involved in starting a new venture.
2. The business plan may be read by investors, bankers, and venture capitalists.
3. If a new venture is a manufacturing operation, a production plan is necessary.
4. The Production Plan is supposed to plan and ensure the manufacturing of a specific product.
5. The organizational plan as the name suggests is a part of the business plan that organizes and delegates the right people to do the right job.
6. The executive summary section of the business plan is a short document that summarizes long reports and other project plans so that anyone can read them with ease.
7. The Executive Summary section is short and crisp.
8. The entrepreneur should consider trends in the GNP, unemployment by geographic area, disposable income, and so on.
9. Demand, as it relates to the Industry, is often unavailable from published sources
10. Most entrepreneurs generally face potential threats from larger corporations.​