The two primary audiences for a business plan are ________ and ________.
A) a firm's employees; officials with the SEC
B) a firm's customers; its competitors
C) investors; other external stakeholders and public relations firms
D) officials with the SEC; public relations firms
E) a firm's employees and investors; other external stakeholders

Question

Quizplus · Accepted Answer

The two primary audiences for a business plan are a firm's employees and investors (internal stakeholders) and other external stakeholders such as lenders, suppliers, and potential partners. The plan should provide a clear understanding of the company's strategy, operations, and financials. It should also be a tool for attracting investment, specifying milestones, and measuring progress.

The Two Primary Audiences for a Business Plan Are ________