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Mice21 [21]
3 years ago
12

What type of business is owned by one person

Business
1 answer:
Rina8888 [55]3 years ago
7 0

Answer:

sole proprietorship

Explanation:

A sole proprietorship is a business owned by only one person.

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Ada Inc. stopped its production of oral care goods after determining apparel production to be its new primary objective, which is a direct result of the <u>c. </u><u>strategic planning process</u> at Ada Inc.

<h3>What is the role of strategic planning?</h3>

Strategic planning provides long-term direction to an organization's decision-makers.

Strategy planning helps the organization's leaders define their vision for the future and to marry their organization's goals and objectives with available and future resources.

The elements captured in strategy planning include the organization's vision, mission, SWOT analysis, core values, goals, objectives, and action plans.

Strategy planning remains a mere planning process until the formulated strategies go through these stages: formulation, implementation, successful outcomes, and evaluation.

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Learn more about the strategic planning process at brainly.com/question/17924318

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<h3>Question Completion with Answer Options:</h3>

a. tactical

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