Part 1

There are three questions. Each question should be answered in no less than one paragraph using APA, references, and citations.

1. What are the most important elements of a Business Plan? Why?
2. What other elements should be added to the Business Plan to encourage potential investors?
3. How important is accurate financial data to the Business Plan? Why?

Part 2

There are three questions. Each question should be answered in no less than one paragraph using APA, references, and citations.

1. What are the essential elements of a Mission Statement?
2. What is the purpose of a Key Operating Principle?
3. What sort of additional material would best ensure success of the project? Why?

Part 3

There are three questions. Each question should be answered in no less than one paragraph using APA, references, and citations.

1. What are the important elements of strategy? Why?
2. What issues may arise if your do not identify all the potential disadvantages of your plan?
3. Why is it crucial to provide both proactive (during the implementation) and reactive (after completing the implementation) feedback to management?