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lara31 [8.8K]
3 years ago
14

What are four importance of a business plan

Business
1 answer:
Firlakuza [10]3 years ago
3 0
-avoid mistakes/disasters (lack of teamwork, pricing, etc)
-setting objectives
-helps with development and growth
-create marketing strategy
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Assets that are not expected to provide benefits for a number of accounting periods are called __________.
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Marketing only occurs when two or more parties are willing to exchange one thing for another thing.

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A dressmaker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labor. Another dressmaker can sew 400 garments wit
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No, because the second method has lower total costs of production.

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In a bid to make profits businesses must always compare different processes and choose the cheapest one.

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As can be seen the second dressmaker has a lower cost of production so he is more efficient than the first dress maker

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A finance company agrees to loan money to a buyer for a new washer and dryer. What is this an example of?
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