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inna [77]
2 years ago
14

Why is business plan necessary?​

Business
1 answer:
Agata [3.3K]2 years ago
7 0

Answer:

Business plan necessary because:

•It make you aware of your strength or weakness.

•It also creates an effective strategy for growth.

•It helps to determine your future financial needs.

•It also helps to gain a deep understanding of your market.

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Explanation: Risk avoidance is indeed a risk management technique through which the management team works to resolve the danger or secure the project against its effects.

It usually calls for adjustments to the project management policy, such as adjustments in applicability or layout or even in the action plan. By improved communication or obtaining abilities, risk recognized at such a preliminary stage can be prevented.

Introduced in important uncertainties that have a significant effect on the plan's feasibility. Project managers typically use this as a high-risk first response technique.

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3 years ago
We are pleased to offer you the position of assistant manager. We propose a start date of March 14.
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I think its authoritative

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The discounts lost account is used under the ___ method for inventory. multiple choice question. periodic gross perpetual net
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The discount lost account is used under the net method for inventory.

<h3><u>What is discount?</u></h3>
  • When a security is trading for less than its intrinsic or basic value, it is said to be trading at a discount in the world of finance and investment.
  • When a bond's price is trading below its par value, or face value, in the fixed-income market, a discount is present.
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  • Bonds may trade at a discount for a variety of reasons, such as rising interest rates, problems with the underlying company's credit, or riskiness when compared to comparable bonds.

The discount rate, an interest rate used to calculate the time worth of money, should not be confused with a discount.

Know more about discount with the help of the given link:

brainly.com/question/3541148

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