Major reason for developing business plan

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1. Which of the following is not a major reason for developing a business plan?

a. The process helps pull the management team together.

b. Planning enables management to defend itself against criticism from disgruntled stockholders.

c. The completed plan is a vehicle for communicating managements vision to others.

d. The finished plan serves as a roadmap for running the business.

2. Which one of the following statements is TRUE of sustainability?

a. Environmental sustainability applies only to goods-producing firms.

b. The three dimensions of sustainability are often referred to as the “triple bottom line.”

c. Resource management is a component of social sustainability.

d. Sustainability includes the idea of preserving resources for three years.

Reference no: EM131692251

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