A business plan may be defined as a description not a proposed company that explains how it expects to achieve its marketing, financial, and operational goals.
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What is a business plan?</h3>
A business plan outlines a company's goals and how it intends to reach them in great detail. A written road map for the company's marketing, financial, and operational goals is provided in a business plan. Business plans are used by both new businesses and established ones.
An essential document aimed at both internal and external audiences is a business plan. For instance, before a business has developed a track record that can be relied upon, a business plan is used to entice investment. Obtaining loans from financial institutions can also be aided by it.
A business plan can also keep the executive team of a company focused on achieving set objectives and on the same page about strategic action items.
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A positive incentive for consumers is a coupon clipped from a newspaper.
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C. Revising is always required or at least advised
Answer:
Explanation:
I honestly don't know how to answer this, but I can look into it and get back to you.
Answer:
b) false
Explanation:
OKR is a goal-setting method used by companies. It is impleemented using following steps
- Communicate the OKR
- Choose a tool used for OKR
- Organize the Company's OKR
- Set the company's OKR
- Set every single OKR for teams, departments and Individuals
- Make the changes in OKR if required
- Approve the OKR
- Evaluate the OKR at each period end.
So, the OKR cannot be implemented in a single step and it requires multiple steps.
Hence the given statement is false.
