What steps are involved in monitoring of a business plan

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Reference no: EM133658011

Assignment: Develop & Implement Business Plans

Question I

Describe three major functions of a business plan. (approx. 25 words each)

Question II

What are two legislative frameworks that govern a business plan's:

1. operational function
2. business function (approx. 25 words each example)

Question III

1. How does a business strategy impact the business plan'svision, mission, values and objectives?
2. Give an example of each for a business. (approx. 25-50 words each)

Question IV

1. Why do some businesses require permits or licenses when undertaking new activity? (approx. 50 words)
2. Give an example of a license or permit relating to a business requiring a business plan. (approx. 50 words)

Question V

Describe the essential steps indeveloping a business plan for a small business. (approx. 100 words)

Question VI

What steps are involved in monitoring of a business plan? (approx. 100 words)

Question VII

Describe how customersare accounted for in a business plan. (approx. 100 words)

Question VIII

Describe the budgeting and financial information that is needed in a business plan. (approx. 150 words)

Question IX

1. What is the role of key result indicators? (approx. 50 words)

2. Give three example of performance objectives and measures that are typically used in business plans. (approx. 20 words each)

Question X

Who are the stakeholders involved in developing the business plan?

Reference no: EM133658011

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