The document that assists an entrepreneur and the management team in focusing 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

A business plan is a comprehensive document that outlines the key objectives, strategies, and activities that a business will undertake to achieve its goals. It provides a roadmap for the entrepreneur and management team to follow, ensuring that they stay focused on important issues and activities. While organization charts, budgets, and sales analyses are all important tools for managing a business, none of them provide the same level of guidance and direction as a well-written business plan.

The Document That Assists an Entrepreneur and the Management Team