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Study Quiz

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Which of the following is an argument AGAINST writing a business plan?

Spending 200 hours to write a comprehensive business plan, at an opportunity cost of $10,000 is financially prudent compared to launching a poor idea and/or unproven concept.

A business plan limits a startups culture from developing organically as it takes on new partners and employees.

A business plan is a document that is out of date once created, and based on assumptions and financial projections of questionable validity.

A business plan is no longer required to obtain financing.

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