Which factor(people, profile of business, business context, and risks & rewards) do you believe is most important to include in a great business plan? Why do you believe this factor is of such importance and what makes it more important than the other factors, in your opinion?
Which factor(people, profile of business, business context, and risks & rewards) do you believe is most important to include in a great business plan? Why do you believe this factor is of such importance and what makes it more important than the other factors, in your opinion?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Which factor(people, profile of business, business context, and risks & rewards) do you believe is most important to include in a great business plan? Why do you believe this factor is of such importance and what makes it more important than the other factors, in your opinion?
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Step 1
The most important factors to include in a great business plan are-
1. Market strategy
2. Competitive analysis
3. Design plan and development plan
4. Operations management
5. Financial plan
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