Which of the Following Examples Shows a Conventional Business Plan

question 50

Multiple Choice

Which of the following examples shows a conventional business plan?

• A)Nefertiti Cosmetics Corp.describes its plans to expand to other cities after opening three retail stores locally.
• B)Best Foods Inc.develops a business plan,which highlights the impact of its manufacturing processes on the local community,along with other details.
• C)Shine Healthcare Inc.provides information on its planned sourcing of alternate energy as well as the environmental impact of its drug producing processes.
• D)BBQ Planet,a restaurant,describes its planned initiative to send its food waste to a processing facility to be converted to animal feed.

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Definitions:

Satisfaction Levels

A measure of how goods or services meet or surpass customers' expectations.

Indifference Curve

A graph that shows a combination of two goods that give a consumer equal satisfaction and utility, representing their preferences.

Equal Satisfaction

A principle in consumer choice theory that suggests consumers allocate their resources to maximize satisfaction or utility.

Indifference

A state where a consumer has no preference between two or more choices.