The critical success factors in a Competitive Profile Matrix (CPM) and an External Factor Evaluation (EFE) Matrix include both internal and external issues

Samson, Inc reported the following information for the year

Service Revenue $60,000 Operating Expenses 21,000 Net Income 39,000 Number of Services Provided for the Year 10,500 How much was the unit cost per service? (Round your answer to the nearest cent.) A) $5.71 B) $3.71 C) $2.00 D) $7.71

Marketing plans need to be highly formalized to be successful

Indicate whether the statement is true or false