The document that becomes a model that helps the entrepreneur and the management team focus on important issues and activities is
A) the organization chart
B) the budget
C) the sales analysis
D) the business plan

Question

Quizplus · Accepted Answer

The business plan is a comprehensive document that outlines the goals, strategies, and tactics of a new venture. It is designed to help the entrepreneur and the management team focus on important issues and activities, such as market research, competitive analysis, financial projections, and risk management. The business plan is a model that can be used to guide decision-making and measure progress over time. While other documents and tools, such as the organization chart, budget, and sales analysis, are important for running a successful business, none of them provide the same level of strategic direction and clarity that a well-crafted business plan does.

The Document That Becomes a Model That Helps the Entrepreneur