Business Planning Essentials Quiz

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Questions and Answers

What are the major objectives of a business plan?

The major objectives of a business plan are to outline the goals and objectives of the business, provide a roadmap for achieving those goals, and attract potential investors or partners.

What does the description of product(s) or service(s) include in a business plan?

The description of product(s) or service(s) in a business plan includes details about the offerings, their unique selling points, target market, and how they fulfill customer needs.

What is the main strategy typically included in a business plan?

The main strategy included in a business plan is the approach the business will take to achieve its objectives, including marketing, operations, and financial strategies.

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