14. A good business plan describes the nature of the proposed business, the target market, the competitive advantages, and the qualifications of the owners.

(a) True

(b) False

15. Which of the following is a characteristic of successful entrepreneurs?

(a) Power-seeking

(b) Relies heavily on others who believe in the business

(c) Willingness and desire to follow others

(d) Action-oriented

16. Ms Julia, a regional manager for Beauty Cosmetics, has just seen a report showing that sales in her region are trending lower than anticipated for the third quarter. Her next task is to determine the reason for the disappointing results and find a way to get sales up to their desired level. Amandas efforts are part of the ____________ function of management?

(a) Planning

(b) Organizing

(c) Leading

(d) Controlling

just solve mcq