A(n)_____ plan provides information on the company,product/service,market,and critical risks to prospective business or marketing partners or to prospective key employees.

Question

Quizplus · Accepted Answer

A concept plan provides an overview of the company, its product or service, the target market, and critical risks to potential partners or employees. It is intended to communicate an idea in a clear and concise manner, making it an ideal tool for startups or businesses that are seeking funding or interested in expanding into new markets. An invention plan would focus on the specific details of a new product or technology, whereas an operational plan would be more concerned with the day-to-day operations of a business. A screening plan is not a commonly used term in the context of business planning.

A(n)_____ Plan Provides Information on the Company,product/service,market,and Critical Risks to Prospective