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Question

Innovation & Entrepreneurship Question on Small Business and Entrepreneurship

Which of the following describes a mission statement of start up?

A

It describes the viability of the business

B

It provides direction and purpose for the start up

C

It should be written as the first step in developing a business plan

D

All of the above

Answer

It provides direction and purpose for the start up

Explanation

Solution

The Correct option is (B): It provides direction and purpose for the start up