Joe is creating a business plan for a new robot that can do his homework for him. What element should his business proposal include?
A) a competitive analysis
B) a detailed product drawing
C) a detailed and final plan for producing the product
D) a comprehensive and fully developed marketing plan
E) a sample version of his product

Question

Quizplus · Accepted Answer

Joe's business proposal should include a business description, a brief marketing plan (which will be further developed as the plan evolves), and a competitive analysis. This analysis should identify the competition as broadly as possible and indicate why this business will be successful in given the market.

Joe Is Creating a Business Plan for a New Robot