A _____ Is a Formal Document That Describes a Business

question 87

Multiple Choice

A _____ is a formal document that describes a business concept, outlines core business objectives, and details strategies and timelines for achieving those objectives.

• A) business warrant
• B) business resource
• C) business directory
• D) business plan

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Definitions:

Internal Consensus

The agreement reached within an organization or group on a particular decision or issue.

Add Value

The process of enhancing a product or service before offering it to customers, increasing its value and appeal.

Online Reverse Auction

An auction where sellers bid to provide goods or services to a buyer, with prices typically decreasing over time.

Upfront Preparation

The initial set of activities and efforts undertaken before starting a project or process to ensure readiness and planning.