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Creating a _____ is the first step in putting together a business plan.

A. Codicil.
B. Marketing plan.
C. Technical plan.
D. Capital plan.

1 Answer

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Final answer:

The first step in creating a business plan is developing a marketing plan, which involves a comprehensive market analysis to understand the target customers and market dynamics.

Step-by-step explanation:

Creating a marketing plan is the first step in putting together a business plan. A marketing plan includes a thorough market analysis, which is essential in understanding the target customers, competition, and the overall market environment. This analysis is critical for making informed decisions and strategizing business activities. While a codicil is related to wills and inheritances, and a technical or capital plan is also important in business planning, they are not typically the first step.

User Elias Zamaria
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