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The Business and Industry Profile Section of the Business Plan

question 16

True/False

The business and industry profile section of the business plan should cover existing and anticipated profitability of firms in the targeted market segment and any significant entry or exit of firms.


Definitions:

Natural Environment

Reflects all living and non-living things occurring naturally on Earth, which includes land, air, water, plants, and animals.

Right to Be Informed

A consumer right that entails being provided with all necessary information about a product or service to make an informed purchase decision.

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