This Section of a Full Business Plan Would Include an Assessment

question 86

Multiple Choice

This section of a full business plan would include an assessment of the industry of the venture and how it fits into the overall economic climate.

• A)analysis of context
• B)description of the business
• C)financial data and projections
• D)analysis of opportunity

---

Definitions:

Sensory Storage

A very short-term storage system for sensory information before it is processed further for encoding or discarding.

Visual Features

Attributes or aspects of a visual stimulus, such as shape, color, size, and texture, that can be perceived and recognized.

Sensory Storage

The brief retention of sensory information, serving as a holding area for initial processing of sensory inputs.

Semantic Encoding

The process of converting information into a meaningful context, such as by associating it with other related concepts, to facilitate better memory retention.