The Company Description Section of a Business Plan Should Include

question 81

Multiple Choice

The company description section of a business plan should include the company's _____ if the business is already in existence.

• A) history
• B) customer list
• C) sales revenues
• D) credit score

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Definitions:

Trade Secret Violation

Unauthorized use or disclosure of a company's proprietary information without permission, which is illegal and unethical.

Unlawful Appropriation

Unlawful Appropriation refers to the illegal taking or use of another's property or funds without permission, often linked to embezzlement or theft.

Secret Formula

A proprietary methodology or recipe that is kept confidential and provides a competitive advantage.

Business Website

An online presence established by a company to promote its products or services, engage with customers, and provide information.