Which of the Following Is One of the Six Questions

question 32

Multiple Choice

Which of the following is one of the six questions most lenders and prospective investors expect to be answered in a marketing or business plan?

• A)Who is your competition and what are they doing?
• B)Who will be your key suppliers?
• C)Does the plan clearly describe how those providing capital will get their money back and make a profit?
• D)What are your taxes?
• E)Does the prospective product meet all government safety standards?

---

Definitions:

Planned Machine Time

The scheduled period during which machinery is expected to operate in order to meet production targets, integral to manufacturing efficiency and planning.

Prime Costs

The combined costs of direct materials and direct labor that are directly attributable to the production process.

Incurred

Refers to costs or expenses that have been realized or acquired in the execution of business activities or operations.

Costs

The expenses incurred in the production of goods or services or in the undertaking of any activity.