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The socioeconomic aspect of a business plan involves looking at how much money your prospective customers are likely to make. This can affect how you price your product in the business plan.

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What are the elements of a business plan?

set goals for the business marketing scheme purchasing plan legal set of the business.....these are the elements of a business plan


How does the economic model of social responsibility differ from the socioeconomic model of social responsibility?

The economic model of social responsibility is in line with the traditional concept of business. It holds that society will earn most if business is left alone to produce products that society needs and make profits. The socioeconomic model of social responsibility holds that business is a part of the society therefore it can not ignore the problems that it causes. The socioeconomic model focus not only in profits but also in the impact of business decisions in society.


What is a business plan. Discuss the purpose and significance of a business plan?

in simple words, business plan is formal statement of business goals and objectives over the next firve years. the main pursose of the preparing business plan is perpare comprehensive strategy detailing how and why the business will be successful and how business will take on its competitors.


What mayor aspect of ga climate influences business and industry to move into the state?

what major aspect of Georgia's' climate influences business and industry to move into the state


Why is business plan necessary?

you can not start a business without one and if you do you will most likely fail. you have to plan costs, budget,staff,location,advertisng etc. just like you would plan for a holiday you have to plan for a business

Related Questions

What are the example of management aspect in business plan?

One management aspect of a business plan is hiring employees. Even though the business may start small, employees must be able to keep the business operational.


What is the definition of legal aspects of a business plan?

legal aspect of business is any actinity which is enforcible by lay....


Looking for the cheapest business cell phone plan?

The best business cell phone plan is probably Verizon Wireless. This company has been know to have reliable coverage. This is an important aspect in the business world.


How can you find a good business plan for an online florist?

Bplans.com provides a host of business plans for businesses, including florists. They include every aspect of the business plan you will need to get started. You only have to do the research for your market.


What is a financial aspect of a business?

Financial aspect of a business refers to the amount of funds or money available in the business. The financial aspect of any business is quite pivotal to its success.


What are the unique aspects of the Edmonton journal?

The unique aspect of the Edmonton Journal are its worldwide. The site have business & sport info useful to plan business activity with unique & active sports situations.


What is contruct?

Social construction is the organization of how people in a society are organized. This pertains to the socioeconomic aspect of people's lives as well.


What is socially contruct?

Social construction is the organization of how people in a society are organized. This pertains to the socioeconomic aspect of people's lives as well.


How do you transfer a business plan to an action plan?

How to transfer business plan to an action plan


Can you provide a simple comparison of a business plan vs a business model?

A business plan is an extensive plan the seeks funding; a business model is an operational business that functions in a cycle. Retailing is a business model. A plan for a new retail store is a business plan.


What is a macro business plan?

macro business plan


What are the elements of a business plan?

set goals for the business marketing scheme purchasing plan legal set of the business.....these are the elements of a business plan