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Directions: Read and analyze the following statements below. Determine whether the statement is TRUE OR FALSE. Write TRUE if the statement is correct and write FALSE if otherwise. Write your answer before each number.
____1. A good business plan should outline all the projected costs and possible pitfalls of each decision a company makes. ____2. Conducting a feasibility study needs to be difficult and expensive, the most important aspects should all be considered to ensure that potential problems are addressed. ____3. The preparation of business plan complements the project feasibility study. ____4. Store design is one of the components of developmental plan. ____5. Operating without a business plan doesn’t matter at all.
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