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A Business Plan Should Contain Certain Basic Elements, but It

question 116

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A business plan should contain certain basic elements, but it should also be tailored to the individual company by emphasizing its particular personality and reflecting the entrepreneur's excitement for the business opportunity.


Definitions:

Competitive Harm

Refers to damage or disadvantage caused to a competitor or the competitive landscape by anti-competitive practices or behaviors.

Per Se Illegal

A term used in antitrust law referring to certain business practices that are considered illegal by their very nature, without the need for further examination of their effects.

Exclusive Dealing

An agreement where a seller agrees to sell, and a buyer agrees to buy, products or services exclusively from each other.

Horizontal Restraint

A term used in antitrust law to describe practices that restrict competition among firms at the same level in the supply chain.

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