Business Planning Flashcards
1
Q
What is a business plan?
A
Formal statement of goals and how business/team are going to reach the goals
2
Q
What factors must be considered when producing a business plan?
A
Objectives
Budgets
Timescales
External factors which can affect plans
3
Q
What are quality assurance targets?
A
-quality control checks and audits
4
Q
What is financial forecasting
A
-estimate of future financial outcomes
5
Q
A
