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:

Cash Transactions

Financial exchanges or deals where the payment is made in cash at the time of the transaction.