The facilities and equipment that a business needs should be described in the ________ section of its business plan.
A) marketing plan
B) management team and company structure
C) company description
D) market analysis
E) operations plan
Question 2
If a business enhances the quality of a product, makes it more convenient to use, improves its durability, or makes it more up-to-date, any one of those initiatives fall under the category of ________.
A) increasing the market penetration of an existing product or service
B) extending product lines
C) geographic expansion
D) licensing
E) improving an existing product or service