Which of the following is a formal document that describes a business concept and outlines the core business objectives while detailing the strategies and timelines for achieving those objectives?

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A business plan is a formal document that outlines a business concept, core objectives, strategies, and timelines for achieving those objectives. It is a roadmap for the business's success and typically includes sections on marketing, finance, and operations. The other options either do not describe a complete business plan or are not commonly used business terms.

Which of the Following Is a Formal Document That Describes