Describe the meaning of a “breakeven analysis” in relation to a business start-up initiative.

Posted: July 1st, 2022

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Write a paragraph for each question. Make sure to number each question.
1.) What health, community, and environmental concerns might emerge as you imagine building your firm? Where would you turn for advice and information to anticipate how you should respond? Why?
2.) Someone once said, “failure to plan is a plan to fail”. How might this apply to run a business?What is a feasibility study relative to a business plan? Describe the meaning of a “breakeven analysis” in relation to a business start-up initiative. Support your responses through examples.
3.) What is the purpose of the marketing plan, and how might it be used in managing the activities of the organization? What should be included within the marketing plan? Who is typically responsible for developing the marketing plan? Which departments within the organization should have access to the marketing plan?

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