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Does a business plan provide evidence that a business can sell enough products or services to make an attractive profit?

a) True
b) False

1 Answer

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Final answer:

True, a business plan can provide evidence that a business can sell enough products or services to make an attractive profit.

Step-by-step explanation:

Yes, a business plan can provide evidence that a business can sell enough products or services to make an attractive profit. A business plan outlines the goals, strategies, and financial projections of a business, including the expected sales volume and pricing. By analyzing market demand, competition, and target audience, a business plan can provide insights into the feasibility and profitability of a business venture. For example, if a business plan includes a thorough market analysis and a well-structured marketing strategy, it indicates that the business has considered potential customers and their willingness to purchase the products or services, which suggests a higher likelihood of making an attractive profit.

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