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1)Describe what does the total product mean? What effect does this approach help a small business owner? 2)Describe the various types of generic business strategies. 3)There are many common critical risks in a business plan. Discuss 5 of them. 4)Explain what the difference is between strategic actions and tactical actions. 5)Name and describe the 4 key factors that an influential person looks for in a business plan pitch.

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