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Entrepreneurship Journey — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipEntrepreneurship Journey3 Marks
Question
An ideal business plan must clearly define certain points. What are they?
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Answer

An ideal business plan must define:
  1. Objectives and strategies of the business.
  2. Customer scenario.
  3. Market segments.
  4. Products and services to be offered.
  5. Sales forecast.
  6. Steps required to attain the objectives.
  7. Description of the distribution system.
  8. Promotional activities.
  9. Pricing decisions.

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