1. good decisions, goal, or
3. Answers may include:
- The business owner evaluates the entire business.
- The plan contains written information useful to employees, investors,
creditors, and other interested parties.
- Planning forces the business owner to address competition issues.
- Planning is a systematic way to identify and capitalize on new opportunities.
- The plan should be updated regularly and used to evaluate the business's
actual versus planned performance.
4. the same