contestada

question a survey of entrepreneurs who started companies last year shows that while virtually all did substantial preparatory research and planning, only half used that work to produce a formal business plan. since, on average, the entrepreneurs without formal plans secured the capital they needed in half the time of those with plans, these survey results indicate that, in general, formal plans did not help the entrepreneurs who produced them to secure the capital they needed.

Respuesta :

  • If the following claim is truegiven the comprehension, it will substantially undermine the argument:
  • The entrepreneurs polled sought and got a substantially greater percentage of their financing from investors with whom they had a long-standing business relationship. These entrepreneurs did not develop formal business plans.
  • Here it is stated that those business owners who could raise money without planning or consideration were able to do so because of their relationships with investors.

Who is entrepreneur?

An entrepreneur is someone who spots a need in the market and takes steps to fill it. The phrase has historically been used to describe a person who begins a business because they sense an opportunity to make money by being able to meet a need that has been discovered.

Learn more about entrepreneur here:

https://brainly.com/question/13897585

#SPJ4