Question: Question 1: A business plan is like the backbone for any business. Explain the sentence by mentioning the steps to write a business plan. (10

Question 1: A business plan is like the backbone for any business. Explain the sentence by mentioning the steps to write a business plan. (10 marks)

Question 2: Not every business is poised to make it big. Explain how you can prepare your startup to scale up. (10 marks)

Question 3: What do you understand by business environment? Write in detail about the elements of Micro, Market and Macro business environment. (3+7=10 marks)

Question 4: Write short notes on the following with example (2x5 = 10 marks)

STP
Business Model Canvas

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