Writing a Sustainable Plan Becomes a Process of Continual Revisions

question 82

Multiple Choice

Writing a sustainable plan becomes a process of continual revisions because:

• A)It concentrates on areas of a business where competition can be overcome.
• B)It focuses on strategies for achieving tangible and quantifiable financial goals.
• C)Sustainable entrepreneurs use the plan to convince stakeholders.
• D)Sustainable entrepreneurs use stakeholders to write a convincing plan.

---

Definitions:

Inventory Level

The quantity of goods and materials on hand available for sale or production at any given time.

Production Levels

The quantity of goods or services produced within a given period by a company, industry, or sector.

Net Working Capital

It's the disparity between what a business owns in the short term and what it owes, reflecting its financial well-being and effectiveness in managing day-to-day operations.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.