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MAXImum [283]
3 years ago
11

Which test of a business plan involves proving that a market for the product or service really does exist and that the company c

an produce the product or provide the service at a reasonable​ cost?
Business
1 answer:
Vinil7 [7]3 years ago
5 0

Reality test of a business plan involves proving that a market for the product or service really does exist and that the company can produce the product or provide the service at a reasonable​ cost.

<h3><u>Explanation:</u></h3>

An entrepreneur must be successful in the business he starts as he takes ;lot of risks with that. It is very essential for an entrepreneur to create a business plan before taking any forward steps in the business. Performing the reality check will help an entrepreneur to ensure that he is in the right track of the business.

In the reality check, an entrepreneur gets to know about the viability of the market, his own strength and weakness and the financial position for the production of the products. It helps an entrepreneur to know about the demands that exists for his product and how can he produce those products or services as reasonable cost.

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Executives at Southwestern Construction have noticed that the company's construction team in the Phoenix office is more efficien
zimovet [89]

Answer:

The correct answer is (B)

Explanation:

Information is a significant resource for any organization, and it must be utilized to realize positive changes and further benefit. To engage different team will help the organisation to discuss databases, reports, records, documents, budget summaries, methodology, arrangements and it also helps to understand what other team are doing to get better results and what other things should be done to achieve efficiency

5 0
3 years ago
One recurring problem in supply chain management is when information about the demand for a product gets distorted as it passes
vfiekz [6]

Answer: Bullwhip Effect

Explanation:

The Bullwhip Effect occurs as a result of changes in the original information about the demand of a product as the information passes across the supply chain.

In the Bullwhip Effect small changes at the customers end of the supply chain leads to large variation in the manufacturing end of the chain.

8 0
3 years ago
During your investigation you found the effective dates on stock options were deliberately changed for the purpose of securing e
Kitty [74]

Backdating is when the effective dates on stock options were deliberately changed for the purpose of securing extra pay for management.

Backdating is the practice of amending the date of a contract, a legal document, or a cheque to a preceding date. changing the date on this sort of record to misrepresent any data makes this practice unlawful in some cases.

Backdating is the practice of marking a cheque, settlement, or other legally binding settlement with a date this is prior to the contemporary date. Backdating is typically no longer allowed and even can be illegal or fraudulent in a few conditions.

And public organizations responsible for backdating may additionally violate federal securities disclosure and reporting necessities, exposing themselves to regulatory or criminal investigations as well as securities fraud litigation. If you decide to award backdated stock options, touch us about a way to do it in the right manner.

Learn more about contract here brainly.com/question/5746834

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3 0
1 year ago
Majority rule, first-come/first-served, and sharing equally are examples of _____ .
Trava [24]
The examples mentioned above are examples of non-market distribution method, Non-market distribution method is a process wherein the distribution products, services, and goods does not have profit motivation. In most cases, products, goods, and services are offered for a low price.
5 0
3 years ago
Read 2 more answers
Fax machines, voice mail, electronic mail, and electronic conferencing are all examples of
snow_tiger [21]
They are forms of Communication.
5 0
3 years ago
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