A written Business Plan should contain the following EXCEPTQuestion 4Answera.The Business Ideab.The policyc.The Entrepreneur (s)d.Business Objectives

To address the question regarding the components of a written business plan, it’s important to understand what a typical business plan should include.

A standard business plan generally involves the following key components:

1. The Business Idea: This outlines the concept of the business, the product or service offered, and the target market.

2. The Entrepreneur(s): This section describes the profile of the founder(s) and their qualifications, skills, and experiences that will contribute to the success of the business.

3. Business Objectives: This part defines the short-term and long-term goals of the business, detailing what the venture hopes to achieve.

4. The Policy: While business policies can sometimes be included in a broader discussion of management and operational plans, they are not a core component of a typical business plan.

Final Answer

The correct answer is b. The policy since it is not a standard component of a written business plan.