Which section of a business plan lists what a company thinks customers would be willing to pay for the merchandise?
A) financials
B) sales and promotion
C) product
D) market analysis
E) executive summary
C
Explanation: C) The product section discusses customer pricing. After doing research, the business owner has a better understanding of what customers would be willing to pay for the product. This is not discussed in the financials, sales and promotion, or market analysis sections.
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Which of the following statements is true about technological paradigm shifts?
A. They often do not change the nature of competition in an industry. B. They occur when government regulations restrict the use of certain technologies. C. They have the potential to threaten the survival of established industries. D. They can often be handled by established companies without adopting new strategies. E. They strongly deter new entrants.
When entering respondent data into a spreadsheet, each column contains the data for one respondent
Indicate whether the statement is true or false
Map-Bridge-Integrate is a useful tool to
A. help figure out what matters when working across cultures. B. combat cultural diversity so a diverse group can be task focused. C. plan escape routes when the strategic plan fails. D. build team-based groups.
What are the three realities of forecasting that companies face?
What will be an ideal response?