Two identical versions of the executive summary should be prepared—one that is part of the plan and one that is a stand-alone document. Why?

A. The stand-alone document is used to accommodate people who ask to see the executive summary before they decide whether they want to see the full plan.
B. The stand-alone document is insurance for the entrepreneur in case he should lose the business plan.
C. The stand-alone document can be shared with family and friends.
D. The stand-alone document is completely unnecessary as the executive summary is included in the business report.

Question

24-06-2024
Business

Answered

Two identical versions of the executive summary should be prepared—one that is part of the plan and one that is a stand-alone document. Why?

A. The stand-alone document is used to accommodate people who ask to see the executive summary before they decide whether they want to see the full plan.
B. The stand-alone document is insurance for the entrepreneur in case he should lose the business plan.
C. The stand-alone document can be shared with family and friends.
D. The stand-alone document is completely unnecessary as the executive summary is included in the business report.

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-06-24T23:40:09-04:00

Final answer:

Having two identical versions of the executive summary ensures accessibility and flexibility in sharing important information efficiently and effectively.

Explanation:

Two identical versions of the executive summary are prepared - one that is part of the plan and another as a stand-alone document. The stand-alone document serves to accommodate individuals who request to view the executive summary before deciding if they want to read the complete plan. Having both versions ensures accessibility and flexibility in sharing important information efficiently and effectively.

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