Nice 10 Factors To Consider When Preparing A Business Plan Solutions - 10 22. In a marketing strategy, the legal form of employer might be discussed within the a. Financial plan. B. Corporation description. C. Govt precis. D. Marketing plan. B pts: 1 ref: p. 174 obj: 6-3 type: c 23. Preferably, investors like a business plan that indicates evidence of a. A management workforce as a way to limit overhead. B. A nicely-balanced managerial team. C. An entrepreneur who has studied control. D. An entrepreneur who will spend extra time managing than selling. B pts: 1 ref: p obj: 6-three type: c 24. In a business plan, the dialogue of the management plan ought to detail a. The proposed project's organizational structure. B. Profiles of worker needs at some point of the primary three years of operation. C. The projected increase of the proposed task. D. The intended distribution of ownership inside the company. A pts: 1 ref: p. 178 obj: 6-three type: c 25. In a marketing strategy, the centers and place of the proposed venture are described within the a. Government summary. B. Control plan. C. Running plan. D. Product and service plan. C pts: 1 ref: p. 177 obj: 6-three kind: c 26. In a marketing strategy, the key statement in the financial plan is the a. Break-even analysis. B. Estimate of returns and allowances. C. Income rate declaration. D. Coins drift declaration. D pts: 1 ref: p. 179 obj: 6-three type: c 27. In considering the content material of a marketing strategy, an entrepreneur must think first and important about a. The way to gift elements associated with the possibility. B. Formulating powerful techniques and financial projections. C. Who could be reviewing the plan. D. The way to guard the confidentially of the plan. A pts: 1 ref: p. 170 obj: 6-3 kind: c. 4 23. Business plans ought to offer data to guide the statements and not simply tell a story. T pts: 1 ref: p. 181 obj: 6-4 kind: c 24. Describing a services or products must be in lay phrases despite the fact that the product is technical in nature. T pts: 1 ref: p obj: 6-four type: c 25. Even if the marketing strategy well-knownshows touchy statistics (e.G., Information of a complicated era or the specifics of a advertising and marketing plan), potential investors can be depended on with that understanding. Enormously touchy records ought to not be protected inside the marketing strategy; the entrepreneur need to submit most effective a precis of the plan to avoid exposing vital info. Pts: 1 ref: p. 183 obj: 6-four kind: c 26. The possible investor normally plays the position of the encourager, often seeing market capacity in a business plan that others forget. The prospective investor tends to play the role of the skeptic, wondering greater approximately what should cross wrong than approximately what could pass right. Pts: 1 ref: p. 182 obj: 6-four type: c 27. Due to the fact potential investors obtain such a lot of commercial enterprise plans, they can't take time to study each in any special fashion. T pts: 1 ref: p. 181 obj: 6-four kind: c 28. Traders are greater product-oriented than market-orientated. Task capitalists are greater market-orientated than product-oriented. Pts: 1 ref: p. 181 obj: 6-four kind: c 29. A loss chief is a revenue circulate where products are offered at a loss to optimistically create call for in a extra worthwhile revenue stream. Pts: 1 ref: p. 186 obj: 6-5 kind: c 30. A enterprise model explains how a business will generate profit and cash glide from its revenue streams considering its cost structure and investment length.