A ________ is a formal document that states the goals of the business as well as the intended process for reaching those goals.

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A business plan is a formal document that outlines a company's goals and how they plan to achieve them. It typically includes sections on market analysis, financial projections, marketing strategies, and operational plans. A strategy is a broader plan for achieving a goal, while a business plan is more specific to the operations of the company. A prospectus is a document that outlines the details of a securities offering for potential investors. A vision statement is a brief statement that communicates the long-term goals and aspirations of a company. A marketing plan is a specific plan focused on the marketing activities of the company.

A ________ Is a Formal Document That States the Goals