A formal planning step that focuses on an entire venture and describes all the elements involved in starting it is known as a(n)
A) Business plan.
B) Control system.
C) Opportunity analysis.
D) IPO.
E) Organization chart.

Question

Quizplus · Accepted Answer

The business plan describes all the elements involved in starting a new venture. The business plan describes the venture and its market, strategies, and future directions.

A Formal Planning Step That Focuses on an Entire Venture