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The meaning and purpose of business plans
How does a business plan define the purpose and direction of a business?
A business plan defines the purpose and direction of a business by clearly stating its mission, vision, goals, and objectives. It outlines the strategies and action plans to achieve them, providing a roadmap for the business's growth and success.
What is the relationship between a business plan and strategic goals?
A business plan outlines the strategies and actions required to achieve strategic goals and provides a roadmap for the organization's success.
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