When writing a market analysis of your business plan, you should include all of the following EXCEPT ________.
A)explanation of the advantage of using business's product or service
B)identification of age and location of potential customers
C)description of methods that will be used to promote the business
D)description of the potential growth for the good or service

Question

Quizplus · Accepted Answer

The market analysis should focus on the potential customers, competitors, industry trends, and potential growth for the business, as well as the advantage of using the business's product or service. While methods for promoting the business can be mentioned, it is not a necessary component of the market analysis.

When Writing a Market Analysis of Your Business Plan, You