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

Question

Quizplus · Accepted Answer

The primary audiences for a business plan are typically a firm's employees and investors and other external stakeholders, such as financial institutions or potential partners. Employees need to understand the goals and strategies of the business, while investors and external stakeholders need to evaluate its potential profitability and growth. While public relations firms and officials with the SEC may review a business plan, they are not considered the primary audiences. Customers and competitors may indirectly benefit from a business plan, but they are not typically the intended audience.

There Are Two Primary Audiences for a Business Plan