Properly cite all outside sourcesusedusingAPAformat.

It has been several years since it was proposed and implemented the plan to encourage entrepreneurship and it has been successful.The small industrial and manufacturing firms in the city have grown and several new entrepreneurial firms have sprung up in the rural areas.There have been rumors, however,that one of the manufacturing firms is considering relocating toamajor city.It would mean the loss of 800 jobs.One of the rural firms hasalsoannounced that it is moving to the city where the university is located.While the jobs will not leave the region,it will mean that the smaller community will lose about 20 jobs.Small communities losing business to larger communities appears to be a pattern throughout the region.As director of the institute, a decision has to be made that the region needs acomprehensive business retention and expansion (BR&E) plan.

a.Outlinethe basics of abusinessretentionand expansionplanandexplainwhy each part of the plan is necessary.

b.List some possible resourcesthat can be employed to help with a plan.