Typically in the ________ Section of the Business Plan, Managers

question 116

Multiple Choice

Typically in the ________ section of the business plan, managers will provide a discussion of competitors or potential competitors and why the product will have a competitive advantage.

• A) executive summary
• B) products and services
• C) market analysis
• D) marketing and sales plan

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Definitions:

Manufacturing Organizations

Companies engaged in the production of goods through the use of labor, machines, tools, and chemical or biological processing or formulation.

Service Organizations

Companies or entities that provide intangible products or services to customers or clients.

Percent of Revenues

A financial metric that represents a portion or ratio of a company's revenues, often used to measure the relative size or importance of a particular cost or income stream.

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.