ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is usually included in a business plan?
A
A detailed description of the product or service.
B
Marketing and promotional plans.
C
Management and staffing.
D
All of the above.
Explanation: 

Detailed explanation-1: -Good business plans should include an executive summary and sections on products and services, marketing strategy and analysis, financial planning, and a budget.

Detailed explanation-2: -It may include a table of contents, company background, market opportunity, management overviews, competitive advantages, and financial highlights.

Detailed explanation-3: -Explanation: A business plan is a carefully drafted statement about a business, its objectives, and how it intends to successfully produce and sell the product / service to its target market and, ultimately, achieve its objectives. It does not include, target ‘research’.

Detailed explanation-4: -A business plan is essentially a written summary of the various aspects of a business’s operation and their influence on financial results.

Detailed explanation-5: -Executive summary. Marketing plan. Key management bios. Financial plan. 19-Jan-2022

There is 1 question to complete.