Which of the following is NOT one of the three business plan types best suited for investors?

• A. Oral presentation
• B. Executive summary
• C. Investors business plans
• D. Strategic business plan

Answer: (D)

When communicating with investors, materials should be concise, externally focused, and clearly lay out the opportunity, market, business model, milestones, and financial potential. The three formats that fit this need are the oral presentation (a compelling pitch), the executive summary (a short, persuasive overview), and the Investors Business Plan (a detailed, investor-oriented document).

The option that isn’t typically used for investors is the strategic business plan. That kind of plan is mainly for internal use to guide the company’s long-term direction, outlining goals, strategies, and operational plans for management. It’s usually more detailed and forward-looking from an internal perspective, rather than tailored to persuade external investors.