Sam Is Eager to Start a Local Magazine That Will

question 100

Multiple Choice

Sam is eager to start a local magazine that will include articles about health and fitness and provide a place for local health and fitness professionals to advertise their services.Which of the following does he NOT need to include in his business plan?

• A) risk analysis
• B) financial plan
• C) product plan
• D) operational plan
• E) marketing plan

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Definitions:

Real Per Capita GDP

The measure of a country's economic output that accounts for its number of people and adjusts for inflation, indicating the average economic well-being of its citizens.

Net Exports

The value obtained by subtracting a country's total value of imports from its total value of exports, representing a component of a country's GDP.

Real GDP

Real GDP measures the value of all final goods and services produced within a country's borders in a given time period, adjusted for inflation.

GDP Deflator

An index reflecting the price levels for all newly produced, domestic, final goods and services within a country.