The goal of a strategic business plan is to ________.
A)create competitive advantage
B)create a monopolistic market
C)improve employee morale
D)drive competitors out of business

Question

Quizplus · Accepted Answer

The goal of a strategic business plan is to create a competitive advantage. This means that the business is able to differentiate itself from its competitors in some way that makes it more attractive to customers. A strategic business plan will also help the business to identify and pursue opportunities for growth and innovation. It is not intended to create a monopolistic market or drive competitors out of business, and while improving employee morale may be a beneficial side effect, it is not the primary goal.

The Goal of a Strategic Business Plan Is to ________