Page 2 - Home Assignment 12
P. 2
(a) Vision (b) Mission (c) Goals (d) All of the above
(x) A business plan formulates---------- to keep the business on track.
(a) Strategies (b) Contingencies (c) Both (a) and (b) (d)
None of the above
LONG QUESTIONS: (3/4/6) MARKS
1. State features of a good business plan.
2. Why organizations make a business plan?
3. An effective business plan should represent all aspects of a business.
Mention the aspects.
4. Business plan is a decision making tool. Explain!
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