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Home Q & A Board Other Fields Homework Help Business
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goji.go goji.go
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10 years ago
When writing a market analysis of your business plan, you should include all of the following EXCEPT ________.
A) explanation of the advantage of using business's product or service
B) identification of age and location of potential customers
C) description of methods that will be used to promote the business
D) description of the potential growth for the good or service
E) a clear understanding of your competition
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2 Replies
Diesel

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bbb
wrote...
#1
10 years ago
C) The market analysis includes the necessary research to determine if there will be enough customers for the business and what the competitive advantages are in the field. Through the analysis, the business owner should be able to identify how customers will benefit, the demographics of customers (e.g., where do they live, ages), and the condition of the market. Is it expanding or shrinking? Strategies for promoting the business are included in the product or service section.
goji.go Author
wrote...
#2
10 years ago
Thanks bbb
Diesel
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