The two primary audiences for a business plan are investors and other external stakeholders and ________.

Question

Quizplus · Accepted Answer

The other primary audience for a business plan besides investors and external stakeholders are a firm's employees. This is because a well-written business plan can help employees understand the company's goals, objectives, and strategies, which can motivate and align them towards achieving those organizational goals. A business plan may also be used for internal decision making and resource allocation within the company, further emphasizing the importance of employees as a primary audience.

The Two Primary Audiences for a Business Plan Are Investors