A small firm's basic path to the future is spelled out in a document called a
A) feasibility study.
B) short-range plan.
C) budget.
D) long-range plan.

Question

Quizplus · Accepted Answer

A small firm's basic path to the future is spelled out in a document called a long-range plan, which outlines the company's goals and the steps it needs to take to achieve them. Feasibility studies and budgets may inform the creation of the long-range plan, while short-range plans break down the steps into smaller actionable items, but the long-range plan is the overarching roadmap for the company's future.

A Small Firm's Basic Path to the Future Is Spelled