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Answer :
Final answer:
The "Concept of Operations" sub-paragraph in the Execution paragraph of a business plan outlines the strategies and methods that will be used to carry out the business.
Explanation:
Concept of Operations in the Execution Paragraph
The "Concept of Operations" sub-paragraph in the Execution paragraph of a business plan outlines the strategies and methods that will be used to carry out the business. It provides a detailed description of how the business will operate, including information on the products or services offered, the target market, the distribution channels, and the key activities that will be performed to achieve the business objectives.
For example, in a restaurant business, the Concept of Operations may include details on the menu, the pricing strategy, the target customers, the hiring and training process for employees, the supply chain management, and the customer service approach.
Key Words:
- Concept of Operations
- Execution paragraph
- Business plan
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