Which statement best describes a business plan? It includes ads for hiring expected new employees. It details an agreement between competitors. It outlines the financial objectives of a firm. It transfers the ownership of a firm to another person.

Which statement best describes a business plan? It includes ads for hiring expected new employees. It details an agreement between competitors. It outlines the financial objectives of a firm. It transfers the ownership of a firm to another person.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Which statement best describes a business plan?

It includes ads for hiring expected new employees.
It details an agreement between competitors.
It outlines the financial objectives of a firm.
It transfers the ownership of a firm to another person.

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