Asked by Bradley Fabretti on May 20, 2024
Verified
Yolanda runs an online store that sells maternity wear. Her business has grown significantly over the past couple of years and Yolanda needs additional funding to scale up her operations further. She draws up a detailed business plan to present to potential investors and has it printed and bound. Her best friend Sasha feels that using printed documents is outdated and that Yolanda would make a better impression by mailing out soft copies of her plan to potential investors. Which of the following arguments can Yolanda use to rationalize her choice of medium?
A) This business plan needs to reach several groups of investors spread across the country.
B) I need to make a formal impression with this business plan.
C) I need to be able to update content frequently and in real time to keep investors updated of new developments.
D) I need a relatively inexpensive medium of communication to communicate with multiple investors.
Formal Impression
The perception of professionalism, respect, and seriousness conveyed through one's communications or appearance.
Printed Documents
Physical documents that have been printed on paper.
- Decide on the correct moments for the application of digital as opposed to printed media in business scenarios.
Verified Answer
RS
romulo salgadoMay 22, 2024
Final Answer :
B
Explanation :
A printed and bound business plan can convey a sense of formality and seriousness, potentially making a stronger impression on investors than a digital copy might.
Learning Objectives
- Decide on the correct moments for the application of digital as opposed to printed media in business scenarios.
Related questions
In Which of the Following Situations Would You Choose to ...
_____ Typically Uses the Internet and Mobile and Interactive Channels ...
Which of the Following Factors Has Sparked the Rise of ...
Which of the Following Statements Is True of Digital Media ...
If an Audience Is Overwhelmed with Digital Content,which of These ...