A business plan is the document that outlines why a business goal is beneficial as well as details of how resources/funds will be allocated to meet the goal.
A business plan is like a map for a business.
Usually, a business plan formally outlines the goals of the company and shows the tasks and financial measures that must be performed and adopted to reach accomplish those big goals.
In other word, the business plan is a tool of organization, direction and communication and serves as basis to develop a financial plan.
In conclusion, the correct answer is a business plan.
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Answer: See explanation
Explanation:
a. For every Peep, 3 Mike and Ikes can be produced
b. Check the attachment
c. An efficient production point is (on the) production possibility curve.
An inefficient production point is (inside) the production possibility curve.
An impossible point is (outside) the production possibility curve.
d. If if JustBorn candies developed a technology that increased productivity by one third for both products, then there will be a shift in the production possibility frontier outwards.
The equity theory is a theory that is based on one's idea of fairness. One is motivated if he or she feels equity, but when chances that inequity arises, he or she will try to adjust in order to achieve that sense of equity. In the given statements above, the one that accurately describes this theory is the last statement.
Answer: Economic
Explanation:
The question is explaining the economic importance of understanding the different cultures and how they communicate. Understanding a culture helps an investor to know the kind of product that would gain high sales in that culture, also understanding a culture would help an individual to easily be able to relate with people from that culture.
For example building a beer brewery in a country where majority of it's citizens don't take alcohol would lead to a loss in that business.