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Select the statement that is true regarding the sales forecast of a business plan.

A. It analyzes how the business will compare to others offering similar products.
B. It describes specific plans for developing the customer base.
C. It summarizes the investments needed to start a business.
D. It explains the products or services the business will provide.



Answer :

GinnyAnswer

Final answer:

The sales forecast in a business plan explains the products or services the business will provide.


Explanation:

The true statement regarding the sales forecast of a business plan is:

  • It explains the products or services the business will provide.

The sales forecast in a business plan projects the expected sales based on market analysis, pricing strategy, and other factors related to the products or services offered by the business. It does not involve comparing the business to others or detailing specific plans for developing the customer base.


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