In Order to Meet the Financial Needs for Future Business

question 50

Multiple Choice

In order to meet the financial needs for future business growth as well as current demands, TruWood Cabinet Makers must secure a business loan of $125,000 from a local bank. The loan committee has asked owner and general manager Jarret Jones to write a comprehensive business plan that meets all of First Security Bank’s requirements for such a large loan. After a lot of research and careful writing, the plan is constructed and ready for presentation to the loan committee.
-As a practical businessman,Jones knows that his business plan must demonstrate his knowledge of his customers (including the demographics of various customer segments) ,product promotion,pricing,and the essentials of distribution.Thus his inclusion of a strong _____ plan.

• A)marketing
• B)promotion and advertising
• C)industry analysis
• D)financial and management

---

Definitions:

Persistent Inflammation

Long-term inflammation in the body that can contribute to the development of several diseases, including some cancers and rheumatoid arthritis.

Clogged Arteries

Clogged arteries are a condition where fatty deposits, or plaques, build up inside artery walls, reducing or blocking blood flow, which can lead to cardiovascular diseases.

Asthma

A chronic respiratory condition characterized by episodes of airway constriction, causing difficulty breathing.

Disease Vulnerability

The susceptibility of an individual or population to a certain disease based on factors like genetics, behaviors, and environmental exposure.