Asked by Tristen Adams on May 08, 2024
Verified
The most complex and time-consuming type of plan is the ______.
A) business brief
B) pitch deck
C) business plan
D) feasibility study
Feasibility Study
An analysis or assessment conducted to determine the viability or likelihood of success of a proposed project or venture.
Business Plan
A detailed document outlining the objectives, strategies, financial forecasts, and market analysis of a business.
- Learn the rationale and organizational structure of a business plan.
Verified Answer
MY
Melanie Yakel
May 09, 2024
Final Answer :
C
Explanation :
Among the given options, the most complex and time-consuming type of plan is a detailed and comprehensive business plan. This plan requires extensive research, analysis, and preparation of financial projections, as well as a clear and concise explanation of the business concept, market analysis, marketing and sales strategies, operations plan, and management team. The other options listed are shorter and simpler plans, such as a business brief that provides a summary of the key points, a pitch deck that focuses on the value proposition and attracts investors, and a feasibility study that evaluates the viability of a new business idea.
Learning Objectives
- Learn the rationale and organizational structure of a business plan.