A business plan can have two uses:(1)inducing a venture capitalist to invest more or less and (2)guiding the policies and actions of a firm over a number of years.Therefore,strategies and statements need to be well thought out,unambiguous,and capable of being supported.
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The demand for a monopolist's output is 3,000/(p 2) 2, where p is the price it charges.At a price of $3, the elasticity of demand for the monopolist's output is
The chairman of a manufacturing company calls for a general staff meeting to discuss the process of operations. He asks the senior managers to skip the introduction part and move straight to the main topic of discussion. The chairman's attitude shows he is more focused on
A) tasks. B) persons. C) communication. D) relationship.