Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:
Navneet owns a 10 room building near Indira Gandhi International Airport. He wants to start a guest house there because he knows that many visitors require low cost accommodation near the airport. He requires a loan from the bank to furnish these rooms. Navneet prepares a detailed written document stating all the relevant components except one. State which component of business plan need not be included by Navneet while preparing the business plan.
Options:
Introductory profile
Operational plan
Production plan
Financial plan
Correct Answer:
Production plan
Explanation:
There is no production involves in the plan. So production plan will be not be a part of the business plan.