A _____ is a formal document that describes a business concept and outlines the core business objectives while detailing the strategies and timelines for achieving those objectives.

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A business plan is a formal document that describes the business concept, outlines core business objectives, and details the strategies and timelines for achieving those objectives. A business contract is a legal agreement between two or more parties, a business commission is a payment made to a salesperson for selling a product or service, and a business directory is a listing of businesses within a specific geographic area or industry.

A _____ Is a Formal Document That Describes a Business