The Company Description in a Business Plan Should ________

question 43

Multiple Choice

The company description in a business plan should ________.

• A)identify the form of your business and its business type
• B)discuss market characteristics,trends,projected growth,and barriers to entry
• C)explain how the product or service you are providing will benefit customers
• D)explain specifically how you will run your business

---

Definitions:

Walking Purchase

A controversial 1737 land deal in which the Penn family and colonists claimed a large area of land in Pennsylvania through a fraudulent walking survey.

Indians

Indians refers to the indigenous peoples of the Indian subcontinent, or in a historical American context, Native Americans, the original inhabitants of the Americas prior to European colonization.

Pennsylvania

A state located in the northeastern region of the United States, known for its rich history, including being one of the original 13 colonies.

Bacon's Rebellion

A 1676 rebellion in the Virginia Colony, led by Nathaniel Bacon, which was an early rebellion against the colonial government by settlers.