The Industry in Which a Product Will Compete Should Affect

question 40

Multiple Choice

The industry in which a product will compete should affect the format of a business or marketing plan.All products must analyze their competition, however, since the geographic thrusts and complexities of products can differ so greatly, __________ becomes an important element.

• A)the size of the potential work force included in their plans
• B)investment potential of backers discussed in their plans
• C)personal experience in the field demonstrated in their plans
• D)the time periods likely to be covered by their plans
• E)knowledge of technical language used in their plans

---

Definitions:

Anxiety

A mental health condition characterized by feelings of worry, nervousness, or fear that are strong enough to interfere with one's daily activities.

General Adaptation Syndromes

General Adaptation Syndrome is a theoretical framework describing the body's short-term and long-term reactions to stress, comprising three stages: alarm, resistance, and exhaustion.

Stress

A physical or emotional response to external or internal pressures, perceived as challenging or threatening to an individual's well-being.

Moderate Level

Indicates a degree of intensity, severity, or concentration that is neither too high nor too low but within a middle range.