1.Whoshouldprepareabusinessplanandwhy?Whyismissionstatementessentialforastart-up? 11. Define ‘vision’ and ‘mission’.What is the purpose of writing a vision and a mission...

1.Whoshouldprepareabusinessplanandwhy?Whyismissionstatementessentialforastart-up?

11. Define ‘vision’ and ‘mission’.What is the purpose of writing a vision and a mission for a start-up business?

12.Whatisthepurposeofundertakingcompetitiveanalysis?Whatarethetoolsandtechniquesusedtoundertakecompetitiveanalysis?

13.WhataretheimportantcommonbarrierstoentryfornewcompetitionhighlightedbyAbrams?