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chapter 5
The organizational plan section of a business plan looks at
a benifit is..
chapter 5
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StudBud Administration
Entrepreneurship
Flashcards
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Questions
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Answers
1
a benifit is..
things that promote or enhance
a group of businesses with a common interest
2
The organizational plan section of a business plan looks at
people aspects and the legal form of the business
forecasts for the future of the business
3
A feasibility study determines
business model
cover page
new business concept has potential
financial plan
4
executive summarya brief recounting of the key points contained in a business plan
True
False
5
Business concepts need to be tested in the market
False
True
6
The financial plan presents forecasts for the future of the business.
true
false
7
parts of a business plan
marketing plan
title page
All of the above
cover page
8
first step in taking an idea and building a business plan to execute the concept
value chain
A clear and concise business concept
mission statement
industry
9
competitive analysis section of the business plan should demonstrate
proposed business has an advantage over its competitors.
a company plans to make its customers aware of its products
10
A marketing plan discusses
describes the market niche, pricing, company image, and ext.
A company plans to make its customers aware of its products
