Question

When determining how much help is needed to write the business plan an entrepreneur should conduct a self-assessment.

In this self-assessment which skill set would not be considered?
Select one:
a. product design
b. organizing
c. venture capital
d. people management

Answer 1

The correct answer is letter "C": venture capital.

Step-by-step explanation:

While determining a business plan individually, managers must portrait all the situations in which the business will be handled, since the beginning until the company is up and running. Managers must consider what product or service will be offered, what the production process will be and how it is going to be organized. Besides, what kind of labor hand will be necessary according to the business. If accurate, the business plan will be put into practice.

The process of investing itself is not necessary at this stage, so the venture capital is not going to be needed yet when only making the business plan.