Correct Answer: The competitors and the strategy they have employed
Explanation:
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More Business Planning MCQ Questions
What is one of the reasons for the failure of companies?
Which of the items below is NOT a purpose of a business plan?
What is the DuPont formula?
What is one of the ways to establish who your competitors are?
What is meant by "market segments"?
Ratio and Trend Analysis can help to create a better picture of profitability and growth potential. True or False
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.
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.
Which of these is an example of a competitive strategy?
True or False? A business plan should state a value proposition.