Practicing Success
Business plan includes. A. Risk factors B. Market analysis C. Market survey D. Market strategy E. Market penetration Choose the correct answer from the options given below : |
A only A, B, C and D only A, B, C and E only A, B and C only |
A, B, C and D only |
The correct answer is option (2) : A, B, C and D only A business plan typically includes various components that are important for planning and executing a business venture. Let's go through each of the options and determine which are commonly included in a business plan: A. Risk factors- A business plan often includes a section on risk factors to assess and mitigate potential challenges and uncertainties in the business environment. B. Market analysis - Market analysis is a crucial component of a business plan, as it involves researching and analyzing the target market, industry trends, and competition. C. Market survey - Market surveys or research findings are often incorporated into the market analysis section to support the business plan's conclusions. Based on these considerations, the correct answer is: A, B, C, and D only This option includes risk factors, market analysis, market survey, and market strategy, which are fundamental elements of a comprehensive business plan. Market penetration is a strategy that may be discussed within the market strategy section, but it is not always a separate section in a business plan. |