Business Objectives

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Questions and Answers

What is the importance of updating action plans?

  • To ensure the plan remains relevant and effective (correct)
  • To set long-term business objectives
  • To influence the activities of the business
  • To monitor potential problems and issues

Which one of the following best describes the purpose of an action plan?

  • To influence the activities of the business
  • To set long-term business objectives
  • To monitor potential problems and issues (correct)
  • To define the stages in constructing an action plan

Which one of the following is a stage in constructing an action plan?

  • Identifying the specific steps and strategies (correct)
  • Monitoring potential problems and issues
  • Setting business objectives
  • Defining the purpose of the plan

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