The Executive Summary Section of the Business Plan Contains

question 300

Multiple Choice

The executive summary section of the business plan contains:

• A)computerized information that readers can access interactively.
• B)information that will capture the attention of bankers and other investors who receive many business plans every day.
• C)qualifications,experience,and education of the entrepreneur and prospective employees.
• D)a financial summary prepared by the business' accountant.

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Definitions:

Boston Consulting Group

A global management consulting firm known for its expertise in business strategy and for developing the BCG matrix, a tool for portfolio analysis.

Competitive Advantage

An attribute that allows an organization to outperform its competitors, often through unique resources, capabilities, or position.

Product Line

A group of related products marketed by a company, which caters to a particular customer segment, need, or preference.

Market Segment

A group of individuals or organizations within a market that share one or more characteristics, allowing for targeted marketing strategies.