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BSM1501-25-EX06A

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Bonnie and Rebecca later formalised their business relationship and shared management responsibilities. They formed a _______.
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An advantage of being a formal enterprise is that they _______.
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Rebecca described their services, capital needs and target market in one page of the business plan. This is known as the _______.
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Bonnie determined that she could convert her idea into an enterprise. This shows that she _______.
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Ensuring that the shampoo and treatments used are not harmful to pets is an example of the consumer’s right to _______.
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Bonnie left her secure veterinary clinic job to pursue her mobile grooming business. This reflects her _______.
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Bonnie personally managed bookings, answered calls and monitored service delivery. This is an example of which personal characteristic?
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To estimate turnover, Bonnie multiplied the number of dogs she expected to groom by _______.
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Bonnie uses her business plan regularly to adjust her operations in response to new competitors. This shows that a business plan should be _______.
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The planning stage of Bows & Bones Mobile Pet Spa consisted of two parts, namely the _______ and the _______.
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