As a management consultant,Lamont knows that regardless of how good a firm's product might be,the firm has little chance of success without a(n):
A)financial plan.
B)warranty.
C)auditor.
D)outside consultant.

Question

Quizplus · Accepted Answer

A financial plan is essential for a firm's success as it helps to ensure that the company has a clear understanding of its financial situation, including revenue projections, expenses, and cash flow. Without a solid financial plan, a company may struggle to make sound business decisions and avoid financial pitfalls. While warranties, auditors, and outside consultants can be valuable, they are not as critical to a firm's success as a well-crafted financial plan.

As a Management Consultant,Lamont Knows That Regardless of How Good