The difference between a business plan and a business case is that:
A)business cases are brief and general,while business plans are long and detailed.
B)a business case is a part of every business plan.
C)all businesses need a business case,but not a business plan.
D)all businesses should have a business plan,but only businesses planning a new major EC or IT initiative should develop a business case.

Question

Quizplus · Accepted Answer

A business plan is a detailed document that outlines a company's goals, strategies, and financial projections, while a business case is typically developed for a specific project or initiative and focuses on justifying the investment or resources needed. Therefore, not all businesses need a business case, but all businesses should have a business plan. However, only businesses planning new major EC or IT initiatives should develop a business case.

The Difference Between a Business Plan and a Business Case