Answered

Question 3 (5 points)

Which statement accurately describes a business plan?

A. It provides money to the business.
B. It's meant to be a short summary.
C. It describes in detail the idea for the new business and how it will be operated.
D. It provides instructions on how to use an exit strategy for the business.



Answer :

GinnyAnswer

Final answer:

A business plan is a detailed document outlining a new business idea and its operations.


Explanation:

A business plan is a comprehensive document that outlines the idea for a new business and details how it will be operated. It includes sections like the Executive Summary, General Company Description, Products and Services, Marketing Plan, and Operational Plan.


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