In Addition to the Elements That Are Usually Included in a Business

question 69

Multiple Choice

In addition to the elements that are usually included in a business plan, a start-up business would also need to include information on ________.

• A) competition
• B) operations
• C) capitalization
• D) customer benefits
• E) management

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Definitions:

Clayton-Bulwer Treaty

An 1850 agreement between the United States and Great Britain aiming to neutralize Central American territories and stipulate that neither nation would exclusively control a transoceanic canal.

Central American Canal

A concept referring to a canal through Central America, such as the Panama Canal, facilitating maritime trade between the Atlantic and Pacific Oceans.

Territorial Sovereignty

The right of a state to exercise supreme authority, including law enforcement and governance, within its territorial bounds.

Philippine Islands

An archipelagic country in Southeast Asia, consisting of more than 7,000 islands, known officially as the Republic of the Philippines.