5. A new business venture must develop a comprehensive business plan to borrow money to get started.

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5. A new business venture must develop a comprehensive business plan to borrow money to get started. Companies such as FedEx, Nike, and Rolm Corporation say they did not follow the original plan closely.

Does that mean that developing the plan was a waste of time for these eventually successful companies?

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Management

ISBN: 9780538479530

10th Edition

Authors: Richard L. Daft

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Question Posted: Aug 31, 2024 07:00 AM

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5. A new business venture must develop a comprehensive business plan to borrow money to get started.

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Management

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