40 -

Which of the following would best describe planning for your new business?

Assigning workers to perform lawn services for various clients

Preparing a cash budget to estimate your monthly revenues and expenditures

Comparing the actual cash balance with the budgeted cash budget each month

Preparing monthly billing statements for clients

38 -

Product or service differentiation involves:

	Any changes made to a product or service
	The use of new technologies in manufacturing
	Shifting sales to growing markets
	Creating something that is perceived as unique and worth a premium price