Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

Identify the correct sequence of first five main points of business plan.

A. Executive Summary
B. Business/Industry background
C. Product/Service to be offered
D. Market Analysis
E. Sales and marketing strategy

Choose the correct answer from the options given below:

Options:

A, B, D, C, E

A, B, C, E, D

A, B, E, D, C

A, B, C, D, E

Correct Answer:

A, B, C, D, E

Explanation:

The correct answer is option 4- A, B, C, D and E.

 

Business Plan

1. Executive Summary

2. Business/industry background

3. Product/service to be offered

4. Market analysis

5. Sales and marketing strategy

6. Production/operations strategy

7. Management

8. Risk factors

9. Funds required

10. Return on and off investment and exit routes

11. Use of the sales proceeds

12. Financial summaries

13. Appendices, e.g., Reports on Market Survey etc