Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY PretestQuestion 5

5

lesson pretestMultiple Choice

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Question 5 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

What is one purpose of writing a business plan before entering the market?

Answer

A

to differentiate the new company from the competition

B

to prove that the new company will be successful

C

to show that the enterprise is realistically based

D

to have a useful tool when applying for funding

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