Jonathan Is Describing the Flow of Raw Materials into the Production

question 8

Multiple Choice

Jonathan is describing the flow of raw materials into the production process and how they are converted into finished goods for sale.Which part of the business plan is Jonathan writing?

• A) executive summary
• B) management plan
• C) operating plan
• D) product and service plan

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Definitions:

Qualifications

The credentials, skills, or attributes required for an individual to be considered suitable for a specific job or task.

Administrative Skills

The capabilities related to managing tasks, organizing work, and ensuring efficient operation within an office or organization.

Environmental Scanning

The process of systematically examining the external environment to identify opportunities and threats.

Firm Strategy

The plan of action developed by a business to achieve its goals and to compete effectively in its market.