Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:

Assertion (A ): The entrepreneur should make every effort to prepare the marketing plan as comprehensive and detailed.
Reason (R): Potential investors regard marketing plan as critical to the success of the new venture.

Options:

Both A and R are true and  R is the correct explanation of A.

Both A and R are true, but R is not the correct explanation of A.

A is correct, but R is incorrect.

A is incorrect, but R is correct.

Correct Answer:

Both A and R are true and  R is the correct explanation of A.

Explanation:

Potential investors regard the marketing plan as critical to the success of the new venture. Thus, the entrepreneur should make every effort to prepare it as comprehensive and detailed.