What is the main purpose of a business plan?
Answer and explanation
Correct answer: लक्ष्य, संसाधन, खर्च और कार्य-योजना स्पष्ट करना
A business plan is a structured guide describing the venture’s goals, target market, resources, expected costs, operations, financing and actions. It helps the entrepreneur assess feasibility, coordinate work and communicate the proposal to others. It should identify important risks rather than hide them, and it is not designed merely to confuse competitors.
Frequently asked questions
What is the correct answer to this question?
लक्ष्य, संसाधन, खर्च और कार्य-योजना स्पष्ट करना
Why is this the correct answer?
A business plan is a structured guide describing the venture’s goals, target market, resources, expected costs, operations, financing and actions. It helps the entrepreneur assess feasibility, coordinate work and communicate the proposal to others. It should identify important risks rather than hide them, and it is not designed merely to confuse competitors.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
