Drawback Of A Business Plan

Question 1

1

Answer 1

A business plan can quickly become out of date

Question 2

2

Answer 2

For example there may be an unexpected change in social trends (relate to the case)

Question 3

3

Answer 3

Causing an unexpected change in demand (of … relate to the case study)

Question 4

4

Answer 4

Making the market research in the plan invalid

Question 5

5

Answer 5

Resulting in unreliable sales forecasts

Question 6

6

Answer 6

Inaccurate cash flow forecasts

Question 7

7

Answer 7

Therefore, any financial predictions will be unreliable making the loan, or investment, application unreliable