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Why is it important for a business idea to have financial goal clarity?
  • a)
    To attract investors based solely on uniqueness.
  • b)
    To align with customer expectations.
  • c)
    To identify potential competitors.
  • d)
    To provide insights into execution stages and profitability.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Why is it important for a business idea to have financial goal clarity...
Financial goal clarity is crucial for a business idea as it provides insights into each stage of execution and the amount required to acquire customers. It also indicates the breakeven point and profitability projections. This financial clarity demonstrates the feasibility and potential profitability of the idea, making it more attractive to investors and stakeholders.
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Why is it important for a business idea to have financial goal clarity?a)To attract investors based solely on uniqueness.b)To align with customer expectations.c)To identify potential competitors.d)To provide insights into execution stages and profitability.Correct answer is option 'D'. Can you explain this answer?
Question Description
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