Q. A business plan is important for all of the following reasons EXCEPT:
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(A)
a business plan forces a firm's founders to systematically think through each aspect of their new venture.
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(B)
a business plan provides lenders and investors assurance that they will earn a decent return.
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(C)
a business plan provides an investor with something to react to.
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(D)
a business plan is a selling document that enables a company to present itself to potential suppliers and business partners.
✅ Correct Answer: (B)
a business plan provides lenders and investors assurance that they will earn a decent return.