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Bad White [126]
3 years ago
15

This is 1 question do not delete, mods. how am I supposed to separate a connect the lines thing without knowing the answers

Business
1 answer:
raketka [301]3 years ago
5 0

Answer:

<em>Executive Summary - 2. </em>

<em>Products and Service - 3. </em>

<em>Market Analysis - 8. </em>

<em>Competitive Analysis - 5. </em>

<em>Goals and Strategy - 1. </em>

<em>Funding Request - 4. </em>

<em>Marketing and Sales - 6. </em>

<em>Organization - 9. </em>

<em>Financial Analysis - 7. </em>

To successfully identify which information belongs to a specific business plan part, knowing the aim and order of each part is essential. You should realize how each part fits in the bigger picture.

Executive Summary - This is usually the beginning part of each business plan. Its deliverable is similar to the deliverable of the elevator <u>pitch</u>, or pitch in general. It should give key information on your company: <u>mission statement</u>, briefly highlight the financials and shortly describe the business operating. It should <u>briefly tackle the problem at hand</u> and just introduce the eventual solution.

Products and Service - It is always needed to explain your existing or planned product or service line, highlighting the benefits and key characteristics of your goods/services. A key component of this part is the <u>suppliers' part</u>, as it should be noted how many financial resources should be allocated to suppliers for materials and other prerequisites.

Essential information regarding products can vary. Some may require a special note on copyright laws, trademarks, or relevant policies in general.

Market Analysis - This is the part describing your comparison of several markets, the choice describing why you opted for that one, and the consumer characteristics in that particular market.

Here you need to utilize the needed statistics, carefully describing the <u>size and potential of a market</u>. Special attention needs to be given to <u>consumer habit</u>s, <u>purchasing power</u> and relevant info telling us why that particular customer segment would opt for our goods/services.

Competitive Analysis - Since every industry or area of business operating has <u>direct and indirect competitors</u> (unless we're making a business plan for a monopoly, which is unlikely), it is essential to tackle their strengths and weaknesses.

Here you need to put info regarding your competitor's business operating, how it gains its competitive advantage (if applicable) and which particular characteristic makes the competitor's customers opt for that business in the first place (unique selling proposition).

Goals and Strategy - This part refers to the concrete <u>recommendations</u> you, as a business consultant, have for the company, given the identified problems and issues.

This should be a real, defined <u>action plan</u> that makes <em>you differ from your competitors</em>, giving you the opportunity to get a competitive advantage. The strategies and tactics included can differ industry-wise and are often related to a specific area of business operating where the company faces critical problems.

Funding Request - Mainly placed on the end or separated from the core of the business plan, the funding request is key when <u>creating startups</u>. This part should put out how many financial resources to put your business on track and how you plan to use them. A funding request should be <u>created to approach investors and banks.</u>

Sometimes, a funding request is used in a broader sense than the business plan, as in that case, the request needs to have a part of the business plan attached, next to the key info (funds needed to start the company).

Marketing and Sales - Once you have conducted the analyses and made the recommendations, an adequate sales and marketing plan should follow. This is extremely important if a key constituent of your strategy is the placement of a new product.

This part should include <u>all things related to the marketing mix</u>: advertising plan, distribution channels, promotion and PR activities... Also, a marketing budget should be carefully allocated and elaborated.

When it comes to sales, you should include the <u>sales strategy</u> and sales target/projection.

Organization - Usually placed at the beginning of the business plan, the organization part should describe the <u>structure</u> and the <u>level of departmentalization</u> in the company. It often includes a diagram visually representing the divisions in your company. Also, it should be described which obligations and duties fall under each department.

Financial Analysis - Often placed at the end of a business plan, this part is critical to the overall effect and integration of the business plan. It includes the<u> financial history</u> and<u> financial success</u> of your company (reports on revenue, EBIT, profit, loss, ROI...), as well as the <em>projections</em> that relate to what will happen after you implement the strategies elaborated in the Goals and Strategy part.

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Which of the following is not an example of price discrimination by the only movie theater in town?
malfutka [58]

Answer: Charging one price at all times for all customers (D)

Explanation:

Price discrimination is a pricing strategy where identical or similar goods or services are sold at different prices by the same producer to the customers. In price discrimination, companies charge customer different prices based on the willingness and ability of the customers to pay.

This can be seen on cinemas as people are charged different prices and airline companies. In the question above, charging a lower price for children, matinees and people over 65years are price discrimination. For price discrimination not to exist, everyone must pay the same price for enjoying similar good or service.

5 0
4 years ago
​If, in the long​ run, real GDP returns to its potential​ level, then in the long​ run, A. the Phillips curve represents a struc
Arada [10]

Answer:

C. the Phillips curve is vertical

Explanation:

Philips Curve shows the inverse relationship between inflation rate & unemployment level. High inflation rate implies low unemployment rate; and low inflation rate implies high inflation rates. Economic growth (output rise) leads to inflation & reduces unemployment ; Economic slowdown (output fall) leads to deflation & increases  unemployment.  

However; In long run, real GDP (output level) returns to its potential​ level. So; output level defining the inverse relationship (trade off) between inflation rate & unemployment level, is stable. Hence, inflation rate & unemployment level have no inverse (trade off) relationship & they are unrelated. Therefore, the long run Phillips curve is vertical.  

7 0
4 years ago
Read 2 more answers
"Diminishing marginal​ returns" refer to a situation in which the ______.A. average product of the last worker hired is less tha
galben [10]

Answer: C. marginal product of the last worker hired is less than the marginal product of the previous worker hired

This statement is correct because marginal product refers to the increase in the production, when 1 worker is added to the production process. Diminishing marginal returns set in when adding one extra worker increases the production less than the previous worker did.

Explanation:

5 0
3 years ago
The employees of Lucid Laboratories are paid every two weeks on Friday for a Monday though Friday work week. Total payroll is $
insens350 [35]

Answer:

                                                    Debit                             Credit

Wages expenses                    $17,500

Wages receivable                      $7,500

Wages payable                                                             $25,000

Explanation: The end of the current month falls on the second Tuesday of the pay period means, on the 7th day, the end of the month was Tuesday instead of the expected 10th workday and a Friday. In this instance, it means the employees of Lucid Laboratories had only worked for 7 days, then a wages expense of 7/10 days x $25,000 ($17,500) would be recorded with the balance being a wage receivable (since the employees are expected to work for the remaining work days in the next month). The total amount would then be recorded as a payable.

Next month, when it is a first Friday and is time to make payment, the company will record the following entries:

                                                  Debit                             Credit

Wages payable                      $25,000

Cash                                                                              $25,000

Wages expense                       $7,500

Wages receivable                                                           $7,500

5 0
3 years ago
A German brewery orders stationery from England using an online order form.
NikAS [45]

Answer:Technological advancements.

Explanation: Technological advancement is the overall improvement in the Manufacturing, Organisation, coordinating and use of technology in order to meet the growing needs of Man. Technological advancements can be in different fields such Medical,trade/commerce, Manufacturing etc.

THE ABILITY OF THE GERMAN BREWERY BEING ABLE TO ORDER STATIONERIES FROM ENGLAND USING AN ONLINE FORM IS AN EXAMPLE OF TECHNOLOGICAL ADVANCEMENT.

8 0
3 years ago
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