1- What is the strategy called when a company competes by offering unique products?

a) focus strategy

b) differentiation strategy

c) cost leadership strategy

2-Name the six major areas of a business plan.

3- Describe an advantage and a disadvantage to organize your business as a sole proprietorship.

4-Describe an advantage and a disadvantage to organize your business as ageneral partnership.

5- Describe an advantage and a disadvantage to organize your business as acorporation.