Question: What is a characteristic of the executive summary in a business plan quizlet?

What is an executive summary in a business plan quizlet?

An executive summary is the first item that appears in a business plan. A short overview of the entire plan that provides a busy reader with everything that needs to be known about the new venture’s distinct nature.

What is the most important reason for having a business plan quizlet?

The single most important reason for preparing a business plan is to secure capital.

What should be included in an executive summary quizlet?

includes the title, author, date, and often the name of the person or organization who requested the report. an executive summary should? orients the reader to the problem.

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What is an executive summary quizlet?

executive summary. a brief overview of the entire marketing plan.

What is a characteristic of the executive summary in a business plan?

What is a characteristic of the executive summary in a business plan? it tells the most important points of the business plan. What does a mission statement do? What other piece of the business plan is related to the market analysis?

What is in the executive summary?

What is included? An executive summary should summarize the key points of the report. It should restate the purpose of the report, highlight the major points of the report, and describe any results, conclusions, or recommendations from the report.

Which part of a business plan describes management?

When developing a business plan, the ‘management section’ describes your management team, staff, resources, and how your business ownership is structured. This section should not only describe who’s on your management team but how each person’s skill set will contribute to your bottom line.

Which of the following is not a characteristic of entrepreneurs?

Entrepreneur is often aware of the business environment with immense product knowledge, the acceptance of the product or service is known by the feedback of the same, and desire for immediate feedback is not a typical characteristic of an entrepreneur.

What is the importance of making a business plan?

A business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.

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When should you write the executive summary quizlet?

It is imperative that you prepare the Executive Summary last. However, it appears first in your completed document. The Summary reflects the results of all your planning and should be crafted only after careful consideration of all other aspects of your business. You just studied 21 terms!

Why is it important to write the executive summary of a business plan last quizlet?

It provides and overview of the business plan on a section-by-section basis. The topics should be presented in the same order as they are presented in the business plan. Even though the executive summary is presented at the beggining, it should be written last because the plan can evolve as it is being written.

Is Hyper Wear’s executive summary more of a synopsis or a narrative?

Is Hyper Wear’s executive summary more of a synopsis or a narrative? H.W. summary : The executive summary of H.W. is more narrative. … Hence, the executive summary of H.W. is more narrative.

Which of the following is true of the characteristics of shorter reports?

Which of the following is true of the characteristics of shorter reports? Short reports are mainly written in the direct order. Because shorter reports usually solve routine problems, they are likely to be written in the direct order. … Because they are largely internal, email reports tend to be problem-solving reports.

Which statement is a helpful guideline when creating business reports?

Which statement is a helpful guideline to use in creating business reports? Business reports should project objectivity first and positivity second. the majority of ideas in your report are based on just one or two sources.

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Which of the following aspects of writing business reports relates to the component of credibility?

Which of the following aspects of writing business reports relates to the component of credibility known as competence? … the quotation emphasizes the credibility of the original speaker or writer.