A Critical Point to Be Included in the Business Description

question 77

Multiple Choice

A critical point to be included in the business description is:

• A) sales projections
• B) the business cycle
• C) key personnel
• D) the potential advantages the new venture has over the competition

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Definitions:

Complying

The act of conforming, submitting, or adapting one's behavior to match with rules, requests, or demands.

Small Requests

A technique where simple, non-burdensome tasks or favors are asked to gradually encourage compliance or build rapport.

Larger Requests

A persuasion technique where a more significant demand or appeal is made, possibly as a part of a strategy to achieve a smaller request later.

Experts

Individuals who possess extensive knowledge or skills in a particular area or field, often as a result of education, experience, or both.