The business and industry profile section of the business plan includes:
A)significant financial and operational events in the life of the company.
B)how the entrepreneur intends to accomplish the company's goals and objectives.
C)the nature and characteristics of the target market.
D)the historical evolution of the market,market size,ease of entry,etc.

Question

Quizplus · Accepted Answer

The business and industry profile section of the business plan typically includes a detailed analysis of the historical evolution of the market, market size, ease of entry, and other relevant factors that affect the industry. This information is essential for understanding the competitive landscape and developing a successful strategy that takes advantage of market opportunities. While financial and operational events in the life of the company, the entrepreneur's goals and objectives, and the nature of the target market are all important considerations in a business plan, they are typically addressed in other sections of the plan.

The Business and Industry Profile Section of the Business Plan