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Discuss the Importance of a Business Plan and What Questions

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Essay

Discuss the importance of a business plan and what questions it should answer.


Definitions:

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles.

Consumers

Individuals or entities that purchase goods or services for personal use as opposed to resale or commercial purposes.

Business Ethics

A set of principles and moral values in business that guide behaviors and decision-making.

Correct Decisions

Choices or judgments that are accurate, effective, and based on appropriate consideration of facts and rational analysis.

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