Multiple Choice
Which of the following is not a major reason for developing a business plan?
A) The process helps pull the management team together.
B) The completed plan is a vehicle for communicating managements vision to others.
C) Planning enables management to defend itself against criticism from disgruntled stockholders.
D) The finished plan serves as a roadmap for running the business.
Correct Answer:

Verified
Correct Answer:
Verified
Q64: Budgets are usually:<br>A)short-run supplements to the strategic
Q65: The sustainable growth rate is equal to:<br>A)the
Q66: Match the following:
Q67: Blackstone Inc. has a return on sales
Q68: Small firm planning processes cover the same
Q70: Business planning that focuses on short-term financial
Q71: What is the debt/interest planning problem?<br>A)Planned debt
Q72: An operating plan:<br>A)translates business ideas into concrete
Q73: Although percentage of sales methods (modified and
Q74: The managerial value of planning includes:<br>A)the planning