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

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2
Q

Business planning

A

The process of producing a business plan

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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.

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4
Q

Risk

A

The possibility if something going wrong

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