A Business Plan Should Include Which of the Following Topics

question 151

Multiple Choice

A business plan should include which of the following topics?

• A) an appendix that describes the research about the firm's market and industry
• B) a description of the good or service and an explanation of the need it will fill
• C) a detailed description of the firm's bankruptcy plans
• D) a short financial plan, including how the firm intends to raise the money needed to get the business up and running

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Definitions:

Minimum Wage

The lowest legal hourly pay that employers can pay workers, set by government law.

President Obama

Barack Obama served as the 44th President of the United States from 2009 to 2017, making history as the first African American to hold this office.

Labor Market

The marketplace in which employers find workers and workers find jobs, characterized by supply and demand for labor.

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A situation in which companies reduce their workforce due to financial constraints, lack of work, or restructuring processes.