Question

A detailed written statement that describes the nature of the business, the target market, the firm's competitive advantages, as well as the owner's resources and qualifications is a(n):

A. business plan.
B. entrepreneurial mission statement.
C. profit and loss statement.
D. professional action plan.

Answer 1

Answer:

A. business plan.

Explanation:

A business plan is a detailed written document you do to plan how you're going to make your business work, it includes components like marketing, operational and even financial viewpoint you'll need to cover in order to achieve a goal.

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Answer 2

answer

D. its vision, mission and values statements

Explanation:

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