Modified True or False: Write True if the statement is true and if other change the underline words to make it correct. ____________1. Opportunities are external conditions which are helpful to achieving the objective.
____________2. A business proposal is a written document that describes in detail how a business usually a new one is going to achieve its goals. _____________3. The introductory elements should include the name of the business, the names of the directors, addresses, and number of the business and directors.
_____________4. Training plans is the state what employees will be taken on over the next three years, with which skills, in which areas of the business. Describe your own qualification(s), skills and experiences as well.
______________5. Opportunities are attributes of your project which are helpful to achieving the

objective

_____________6. Writing a business plan allows you to have a clear indication of what you’re doing,

and where you are going; you get more clarity about an idea, as well as the

execution plan.

_____________7. It is a list of the chapters or sections given at the front of a business plan. This

section should not be more than one page is called cover sheet.

_____________8. Marketing plan gives the detail of how products are to be manufactured. The

merchandising plan for trading business shows in detail how the products are to be

acquired.

_____________9. Market Segment defines who your potential buyers.

_____________10. A business plan can be used as a résumé; you can design one to introduce your

business to investors, suppliers, vendors, lenders and others.​