Question 1

The company ____________________ section of a business plan should identify the form of your business (proprietorship, partnership, or corporation) and its type (merchandising, manufacturing, or service).

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Question 2

In addition to the six parts of informal proposals, formal proposals often contain a number of special components. List five of these special components, and describe what information would be contained in each.

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Question 3

Assume that a colleague has approached you for help as he prepares a formal business report. He knows that you're taking a business communications course and wants to take advantage of your expertise. Based on the material covered in your textbook, what five writing tips would you give your colleague? Be sure to explain each tip.

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Question 4

The ____________________ analysis section of a business plan should discuss market characteristics, trends, projected growth, customer behaviour, complementary products and services, and barriers to entry.

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Question 5

Explain what a business plan is and when one is necessary. Then list five components that should be included in a business plan, describing the type of information that would be included in each.

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Question 6

____________________ tell what the report findings mean; they usually appear before the recommendations.

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Question 7

Describe what a formal business report is and explain how it differs from a formal proposal. Then give an original example of when each would be written.

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Question 8

A formal ______________ may be defined as a document in which a writer analyzes findings, draws conclusions, and makes recommendations intended to solve a problem.

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Question 9

Include a realistic start-up budget and an operating budget in the ____________________ analysis section of a business plan.

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Question 10

Explain what a proposal is. Then list the six parts of informal proposals, describing what type of information is included in each.

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Question 11

In the operations and ____________________ section of a business plan, explain specifically how you will run your business, including location, equipment, personnel, and management.

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Question 12

The ____________________ section of a formal business report makes precise suggestions for actions to solve the report problem.

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Quiz 13: Proposals, Business Plans, and Formal Business Reports