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An entrepreneur writes sales targets, expenses, and deadlines in a plan. What benefit will this provide?

Answer and explanation

Correct answer: Monitoring and controlling progress will become easier

Specific sales targets, expected expenses, and deadlines give an entrepreneur standards against which actual performance can be compared. The entrepreneur can identify delays, overspending, or weak sales and take corrective action. Thus, option C is correct because written planning supports monitoring and control. It cannot guarantee every result, remove competitors, or make customer research unnecessary.

Related tags

Business-PlanMonitoringTargetsIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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