1.6 Flashcards
1
Q
Business plan
A
A document setting out what a business does and what it hopes to achieve in the future
2
Q
Business planning
A
The process of producing a business plan
3
Q
Uncertaintly
A
It happens when there is a lack of information about a situation. This means the outcome or consequence are very difficult to predict.
4
Q
Risk
A
The possibility if something going wrong