Correct Answer: True
Explanation:
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More Business Planning MCQ Questions
Which of these is an example of a competitive strategy?
True or False: The Market Analysis of your business plan should illustrate your industry and market knowledge as well as any of your research findings and conclusions.
True or Fales: An Organization Chart is a diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.
Ratio and Trend Analysis can help to create a better picture of profitability and growth potential. True or False
What is the Executive Summary of a Business Plan?
What is one of the ways to establish who your competitors are?
What is the DuPont formula?
Which of the items below is NOT a purpose of a business plan?
What is one of the reasons for the failure of companies?
What should be considered while deciding a firm's strategy?