A small business's basic path to the future is spelled out in a document called a:

Question

Quizplus · Accepted Answer

A small business's basic path to the future is spelled out in a strategic plan. A strategic plan outlines the long-term goals and objectives of a company and lays out a roadmap for achieving those goals. It typically includes an analysis of the business's current situation, a detailed action plan, and a timeline for executing that plan. Feasibility studies, short-range plans, and budgets are all important tools that can be used as part of the strategic planning process, but they are not comprehensive strategic plans in and of themselves.

A Small Business's Basic Path to the Future Is Spelled