BUISENESS MANAGEMENT
BUSINESS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Written statement of goals and objectives for a business with a strategy to achieve them.
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mission statement
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market research
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business plan
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capital structure
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Explanation:
Detailed explanation-1: -A goal is a broad primary outcome. A strategy is the approach you take to achieve a goal. An objective is a measurable step you take to achieve a strategy.
Detailed explanation-2: -A business plan is a document that defines in detail a company’s objectives and how it plans to achieve its goals. A business plan lays out a written road map for the firm from marketing, financial, and operational standpoints.
Detailed explanation-3: -Here are a few example goals: Increase total revenue by 25% over the next two years. Reduce production costs by 10% by the end of the year. Provide health insurance for employees by next fiscal year.
There is 1 question to complete.