QAEconomics › Which of the following is not one of the main functions of the management team according to the text
Q

Which of the following is not one of the main functions of the management team according to the text

A. Execute the business plan.

B. Identify fundamental changes in the business plan as they occur.

C. Make adjustments based on changes in the environment and market that will maintain profitability.

D. Help the entrepreneur write the business plan.

A

Answer: D. Help the entrepreneur write the business plan.

Anyone who sets up a business and is in charge of taking on financial risks with the hope of making a profit or maintaining profitability is an entrepreneur. An entrepreneur bears most risks associated with a business and at the same time enjoys most rewards that come with it.

Good entrepreneurs are confident, excellent planners, business savvy, good money managers, and never give up. With these characteristics are born the most successful entrepreneurs in society today. They are in charge of executing the business plan, identifying specific changes, and making adjustments to these changes. Writing a business plan is not the main function of an entrepreneur.

3 months ago
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