Which of the Following Would Be Included in the Business

question 4

Multiple Choice

Which of the following would be included in the business concept part of the business plan?

• A)the industry,business structure,and products and services
• B)a description of potential customers and the implementation plan
• C)the overall implementation plan
• D)the operations and management

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Definitions:

Cultural Context

The various social, religious, economic, and cultural circumstances that influence the environment in which individuals live and interact.

Cognitive Theory

A theory of psychology that emphasizes internal states, such as motivation, problem-solving, decision-making, and perception, in understanding behavior.

Observable Behaviors

Actions or reactions of an individual in various situations, which are visible and can be scientifically recorded or analyzed.

Cultural Influence

The impact that the shared beliefs, values, norms, and practices of a culture have on the attitudes and behaviors of its members.