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Questions and Answers
Which type of business plan is specifically designed for new businesses?
Which type of business plan is specifically designed for new businesses?
- Internal business plan
- Feasibility business plan
- Strategic business plan
- Start-up business plan (correct)
What is the main purpose of writing a business plan for a business owner?
What is the main purpose of writing a business plan for a business owner?
- To anticipate and prepare for growth (correct)
- To describe the company objectives
- To guide management
- To promote investment capital
What type of business plan targets internal stakeholders?
What type of business plan targets internal stakeholders?
- Strategic business plan
- Operations business plan (correct)
- Growth business plan
- Feasibility business plan
What is a key component that potential investors will require in a business plan?
What is a key component that potential investors will require in a business plan?
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What are the different types of business plans mentioned in the text?
What are the different types of business plans mentioned in the text?
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Which element is NOT typically included in a strategic business plan?
Which element is NOT typically included in a strategic business plan?
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What is the purpose of a strategic business plan?
What is the purpose of a strategic business plan?
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Which of the following is NOT one of the five elements typically included in a strategic business plan?
Which of the following is NOT one of the five elements typically included in a strategic business plan?
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What does a strategic business plan provide?
What does a strategic business plan provide?
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