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What does a business plan describe?

Answer and explanation

Correct answer: Business goals, resources and action plan

The governing concept is business planning. A business plan is a guiding document that explains what the enterprise wants to achieve, which resources it needs, who it will serve, and what actions or strategies will be followed. It helps the entrepreneur organise work and assess feasibility. A colour, owner's name, or holiday list may be incidental details, not the plan's essential content, so option C is correct.

Related tags

Business PlanGoalsResourcesAction PlanIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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