Question 1

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

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Question 2

The ________ statement of a business plan describes your business and explains the reasons it will succeed.

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Question 3

The financial analysis section of a business plan should outline two types of budgets - a realistic start-up budget and a(n)________ budget that projects cost forpersonnel,insurance,rent,salaries,and so on.

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Question 4

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 5

Another form of proposal is a(n)________ plan,which is critical for securing financial support when starting your own company.

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Question 6

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 7

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

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Question 8

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 9

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

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Question 10

A ________ proposal is a formal proposal submitted to a government or civilian organization that explains a project,outlines its budget,and requests money that will not have to be repaid.

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Question 11

A formal report includes findings,conclusions,and ________ with the goal of solving a problem.

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Question 12

As a department manager,you see a need to improve the formal business reports generated by your team.You decide to hold a training session to provide important drafting and proofreading tips that can build your team members' credibility and save them time.Identify five writing tips that you will include,and explain each.

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Question 13

The company description section of a business plan should identify the form of your business as a proprietorship,partnership,or ________.

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Question 14

Trends,projected growth,and customer behavior are discussed in the ________ analysis section of a business plan.

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Question 15

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