Which of the Following Items Is Typically NOT Included in a Concept

question 29

Multiple Choice

Which of the following items is typically NOT included in a concept statement?

• A) A brief description of the company's management team
• B) A description of how the product or service will be sold and distributed
• C) A description of how much money the new venture needs
• D) The benefits of the product or service
• E) The intended target market

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Definitions:

Bureau of Labor Statistics

A government agency that collects, processes, analyzes, and disseminates essential statistical data related to labor market activity, working conditions, and price changes in the economy.

Employment Projections

Forecasts about the labor market, predicting future employment trends, job growth or decline in various sectors, and skills that will be in demand.

Median Pay

The middle value of wages in a sample, such that half of the employees earn less and the other half earns more.

OOH

Stands for Occupational Outlook Handbook, a publication by the United States Bureau of Labor Statistics providing career information on duties, education and training, pay, and outlook for hundreds of occupations.