A written document that identifies the entrepreneur's vision and describes the strategy and operations of a new venture by laying out the proposed goals and activities is a(n)________.
A)decision tree
B)business plan
C)strategic plan
D)operating plan
E)pro forma plan

Question

Quizplus · Accepted Answer

A business plan is a written document that outlines the proposed goals, strategies, and operations of a new venture. It provides a comprehensive overview of the business and includes information such as market research, financial projections, and marketing strategies. A decision tree is a tool used to analyze decisions and their potential outcomes. A strategic plan outlines the overall direction of an organization, including its vision, mission, and objectives. An operating plan outlines the day-to-day activities and processes of a business. A pro forma plan is a financial forecast that projects the expected results of a business plan over a specified period of time.

A Written Document That Identifies the Entrepreneur's Vision and Describes