Which document outlines the goals and strategies of a new business?a.Product catalogb.Resumec.Business pland.Job application
Question
Which document outlines the goals and strategies of a new business?
- a. Product catalog
- b. Resume
- c. Business plan
- d. Job application
Solution
The document that outlines the goals and strategies of a new business is c. Business plan.
A business plan is a comprehensive document that serves as a roadmap for the business, detailing its objectives, strategies for achieving those objectives, market analysis, financial forecasts, and operational plans. It is crucial for both the internal management of the business and for securing funding from investors or lenders. While a product catalog focuses on the goods offered, a resume highlights an individual's qualifications, and a job application pertains to employment candidacy, a business plan captures the essence of a business’s vision and approach towards achieving its goals. This makes it an essential tool for both new and existing businesses as they prepare for growth and development.
Similar Questions
Describe documentation features and requirements when creating document templates for business use.
The first part of a business plan.Select one:a.Market Analysisb.Table of Contentsc.Contingenciesd.Mission and Strategy Statement
What is the purpose of business?Group of answer choicesBusiness ConceptFinancial PlanPre-start up implementationProduct-Market Study
What is a key component of a feasibility report? A. Financial projections B. Employee satisfaction C. Product features D. Market trends
Question 5A company that makes a software product wants to grow their customer base. Which of the following is a specific business goal for this company?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.