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What is the main benefit of writing goals in a business plan?

Answer and explanation

Correct answer: It helps set direction and measure progress

Written goals translate a broad business intention into specific results that can guide actions and priorities. When goals have measurable indicators and deadlines, the entrepreneur can compare actual progress with the plan and take corrective action. Planning does not remove every risk, guarantee profit, or eliminate the need to understand customers.

Related tags

Business-PlanGoal-SettingEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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