TRUE or FALSE
1. How product will be produce or service provided is the content of Marketing Plan.
2. Ignoring competition is a mistake you should avoid making when creating your business plan.
3. The stockholder may read only the executive summary of business plan to decide about the investment on that business.
4. According to research, without a business plan forms are more likely to close down.
5. Operation Plan projects the company's financial position based on well-substantial assumptions.
6. Marketing Plan describes the users benefits of the product and the type of market that exists.
7. In business plan, it is NOT important to describe the industry in which you will operate.
8. Marketing mix is a marketing tool designed to identify the target market.
9. The effectiveness of the written presentation is a critical issue in preparing business plan.
Answers & Comments
1-True
2-False
3-True
4-True
5-True
6-False
7-False
8-True
9-True