Help Save & Exit Subr Scenario: Connie's Corner Caf Connie decides to open "Connie's Corner Cafe and finds the ideal location for her venture. However, it appears that Connie will have to approach investors or bankers for financial backing, When she talks to her local bank manager, Me Johnson, he immediately asks for Connie's business plan Connie is in trouble because she does not know what a business plan looks like Which of the following statements is true of business plans? Multiple Choice Firms without a business plan are less likely to close down than firms with plans External legitimacy for a firm is best established by creating business plans Typically, the higher performing firms in any industry tend to be those who do not have any business plan Multiple Choice O Firms without a business plan are less likely to close down thi External legitimacy for a firm is best established by creating bi O Typically, the higher-performing firms in any industry tend to be O Having a business plan guarantees higher profits